Malta Practical information

Money & costs

Money

All major credit cards are widely accepted.

The euro replaced the lira as the new national currency on 1 January 2008.

Banks are the best place to change money; they almost always offer a significantly better rate than hotels or restaurants.

It’s a good idea to round up a taxi fare or restaurant bill to leave a small tip. Shops have fixed prices; hotels and car-hire agencies offer reduced rates in the low and shoulder seasons (October to May). There's an 18% value-added tax on most consumer items.

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