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Country: Malta, Republic Of Malta
Capital: Valletta
Currency: Euro
Numeric code: 978
Alphabetic code: EUR
In the Mediterranean, near Sicily, lies the Maltese archipelago is a possession of the Republic of Malta. Extremely convenient location at the crossroads of Maritime routes did Malta "Apple of discord" for the major Maritime powers for centuries. Therefore, the independence of the state received as recently as 1964. The climate, nature and excellent service make today Malta the most attractive world resort.
Since 2008, Malta, like all EU countries, is used for the calculations the Euro, which constitute 100 cents. I must say that cents and had a circulation in Malta, but at the time was 100 cents not euros and Lira. At the time of transition to the Euro in the catalogue of coins of Malta was composed of the following set: 1 Lira and 1, 2, 5, 10, 25, 50 cents. The Maltese Lira was then the most expensive currency in the world. The value of the coins of Malta – their purchasing power was very high.
Historical note: the decimal system of calculations Malta moved in 1972 (prior to that, the Lira was divided into 240 pence). Penny, in turn, was divided into 100 mils. In that year, coins were issued in 2, 3, and 5 mil 1, 2, 5, 10 and 50 cents. 1975 added to the existing money a coin in 25 cents. In 1986 was produced by the release of new coins - all denominations of lire and cents updated. And the third time a similar operation was made in 1991. Mil was abolished in 1994.
Today, the price of the Maltese coins of that period, starts from $ 1. Of course, the year of issue of money plays a pricing role. And to buy coins Malta will not be difficult for special niche sites.
