Maltese lira

ISO 4217 CodeMTL until June 1983: MTP, Maltese pound Unit Pluralliri Symbol₤M‎ and Lm Denominations Subunit   1⁄100cent (c)  1⁄1000mill (m) BanknotesLm 2, Lm 5, Lm 10, Lm 20 Coins  Freq. used1c, 2c, 5c, 10c, 25c, 50c, Lm 1 Demographics User(s)None, previously:  Malta Issuance Central bankBoard of Commissioners of Currency (1940-1968) Central Bank of Malta (1968-2007)  Websitewww.centralbankmalta.com Valuation Inflation2.8%  SourceThe World Factbook, 2006 est. EU Exchange Rate Mechanism (ERM) Since2 May 2005 Fixed rate since2 May 2005 Replaced by euro, non cash1 January 2008 Replaced by euro, cash31 January 2008 1 € =Lm 0.429300 Bandpegged 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.