Tags: Currency.
The pound or lira (Maltese: lira Maltija plural: liri ISO 4217 code : MTL) was the currency of Malta until 31 December 2007. The lira was abbreviated as Lm although the traditional ₤ sign was often used locally. In English the Maltese currency was referred to as the pound originally and for many locals this usage continued.The euro replaced the Maltese lira as the official currency of Malta on 1 January 2008 at the irrevocable fixed exchange rate of 0.429300 MTL per 1 euro.
