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Money and costs

Currency
Euro (€)
Exchange Rates
Rates provided by Open Exchange Rates. Last updated December 22, 2014 15:43
Budget up to
€60
  • Hostel or guesthouse accommodation €20
  • Simple restaurant meals, bakeries and self-catering
  • Buy one-day or weekly bus tickets, and enjoy free activities such as the beach or walking
Midrange
€60–100
  • Hotel with air-con and a swimming pool €60–€140 for two people.
  • Allow extra for car rental (average of €25 per day).
  • Buy a MaltaCard to save money on sights.
Top end over
€100
  • Luxury hotel €140–€350 for two people.
  • Eat at the best restaurants (meal for two from €100)
  • Do a diving course or hire a jeep.

Malta abandoned the Maltese lira (Lm) and adopted the euro (€) on 1 January 2008. To prevent retailers from rounding up prices, the rate of exchange was fixed at Lm1 to €2.33, which is why you'll sometimes see euro prices in fractions or multiples of 2.33.

The reverse sides of Maltese coins feature a uniquely Maltese design (a Maltese cross, for example), but are legal tender in all countries in the Eurozone.