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| 20 Maltese lira |
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| Currency of Malta 20 Maltese lira |
Maltese banknotes, Maltese paper money, Maltese bank notes, Malta banknotes, Malta paper money, Malta bank notes.
Obverse: Portrait of Miss Agatha Barbara - 3rd President of the Republic of Malta, the old traditional Maltese sailing ship "Xambekk" (1743) at center.
Reverse: Auberge de Castille, the monument dedicated to the Maltese worker in Msida and Grandmaster's Palace (Valletta, Malta) - seat of Parliament and President of Malta.
Printed by Thomas De La Rue & Company, Limited, London.
Maltese lira
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.
On entry into the European Union, Malta agreed to adopt the euro. The lira was replaced by the euro on 1 January 2008, as part of the Economic and Monetary Union of the European Union.
The Maltese lira was replaced by the euro as the official currency of Malta at the irrevocable fixed exchange rate of 0.429300 MTL per 1 EUR. However, Maltese lira banknotes and coins continued to have legal tender status and were accepted for cash payments until 31 January 2008. Maltese liri were convertible free of charge at all Maltese credit institutions until 30 March 2008. Maltese coins were convertible at the Central Bank of Malta until 1 February 2010, and banknotes until 31 January 2018.