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When to go on your shopping spree? How to get there? Where to get money out? all these questions answered in a useful fact sheet.

Banking
HSBC and Bank Of Valletta are the two main banks found across the island. There are a number of automated teller machines in most areas that will also accept foreign cards. If you would like to change your currency into the Maltese Lira, then there are currency converter machines that are situated in the main tourist areas.

Exchanging money
You can exchange money at various places on the island, incluing ATMs, Banks and Local tourist offices. Travellers Cheques are also welcomed.

Currency
The currency in Malta is the Euro; 1 Euro = 100 Cents. The highest denomination is €500 and there are notes of €100, €50, €20, €10 and €5.

Exchange rates

1 EUR = 1.55 USD1 USD = 0.65 EUR
1 EUR = 0.78 GBP 1 GBP = 1.28 EUR
*rates taken on 28 May 2008


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