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| ISO 4217 | |||||
| Code | MTL until June 1983: MTP, Maltese pound | ||||
| Unit | |||||
| Plural | liri | ||||
| Symbol | £M and Lm | ||||
| Denominations | |||||
| Subunit | |||||
| 1⁄100 | cent (c) | ||||
| 1⁄1000 | mill (m) | ||||
| Banknotes | Lm 2, Lm 5, Lm 10, Lm 20 | ||||
| Coins | |||||
| Freq. used | 1c, 2c, 5c, 10c, 25c, 50c, Lm 1 | ||||
| Demographics | |||||
| User(s) | None, previously: Malta | ||||
| Issuance | |||||
| Central bank | Central Bank of Malta | ||||
| Website | www | ||||
| Valuation | |||||
| Inflation | 2.8% | ||||
| Source | The World Factbook, 2006 est. | ||||
| EU Exchange Rate Mechanism (ERM) | |||||
| Since | 2 May 2005 | ||||
| Fixed rate since | 2 May 2005 | ||||
| Replaced by euro, non cash | 1 January 2008 | ||||
| Replaced by euro, cash | 31 January 2008 | ||||
| 1 € = | Lm 0.429300 | ||||
| Band | pegged in practice, 15% de jure | ||||
| This infobox shows the latest status before this currency was rendered obsolete. | |||||
The lira (Maltese: lira Maltija, plural: liri, ISO 4217 code: MTL) or pound (until ca. 1986 in English, code MTP) was the currency of Malta from 1972 until 31 December 2007. One lira was divided into 100 cents, each of 10 mils. After 1986 the lira was abbreviated as Lm, although the original £M sign continued to be used unofficially. In English the currency was still frequently called the pound even after its official English language name was changed to lira.
The euro replaced the lira as the official currency of Malta on 1 January 2008 at the irrevocable fixed exchange rate of €1 per Lm 0.4293, or approximately €2.33 per Lm 1.