Currency of Malta: Euro
Euro · EUR · Shared Currency
Who Issues the Euro
Malta uses the Euro (EUR) through the shared Eurosystem rather than a separate national currency issue. Central Bank of Malta is the country's national central bank within that framework, and EUR carries ISO 4217 numeric code 978.
For the Euro (EUR), the Euro is governed through the shared Eurosystem framework, with the European Central Bank at its centre. Central Bank of Malta carries the national central-bank role in Malta. This separation keeps the reference value properly qualified.
Exchange Rate for EUR
For payments or transfers connected with Malta, use the Euro (EUR) observation as dated reference information. A quoted customer rate may differ because financial providers can apply conversion margins, commissions or card-network charges. The page uses Central Bank of Malta for the institutional currency context.
Banknotes and Coins
Banknotes
Euro banknotes in circulation include €5, €10, €20, €50, €100 and €200. First-series €500 notes can also remain in circulation, although no new €500 notes are issued.
Coins
Euro coins have a common European side and a national side. All eight standard denominations can circulate throughout the euro area.
Frequently Asked Questions
What currency is used in Malta?
For the monetary setup used in Malta, the Euro (EUR) operates through the shared Eurosystem led by the European Central Bank. Central Bank of Malta performs the national central-bank role.
Who manages the currency system in Malta?
In the Malta context, the euro framework combines the European Central Bank with Central Bank of Malta as the national central bank for Malta. This approach leaves the comparison internally consistent.
Are the exchange rates for Malta real-time?
For currency calculations involving Malta, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. The figure is informational and can differ from a bank, card or cash-counter quote. It keeps the quoted pair easy to interpret.
Sources & methodology
European Central Bank is the principal reference used here for institutional facts about Euro in Malta. The EUR code follows ISO 4217. Structural exchange-regime facts are not mixed with a dated reference-rate observation. This separation keeps the reference point clear.
View sources used for this page
- Central Bank of Malta - official website
- Regional or system monetary authority
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- European Central Bank - current euro banknotes
- European Central Bank - euro coins