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Topic: Maltese lira


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In the News (Fri 4 Dec 09)

  
  Maltese lira - Definition, explanation
The Maltese lira, known in the Maltese language as the Lira Maltija, is the currency of Malta.
It was previously known as the Maltese pound until 1983, which was on a par with the British Pound Sterling (GBP) until the late 1960s, since when the Maltese lira has traditionally been worth around £1.60 sterling.
Malta's entry into the European Union means that the lira will be replaced by the Euro, by 2008 at the earliest, as part of the EMU process which is intended to bring all 10 EU members that joined in 2004 into the Euro by 2014 at the latest [1].
www.calsky.com /lexikon/en/txt/m/ma/maltese_lira.php   (355 words)

  
  Maltese Lira - Search Results - MSN Encarta
The monetary unit of Malta is the Maltese lira of 100 cents (0.33 lira equalled US$1; 2007).
The Maltese lira, known in the Maltese language as the Lira Maltija, is the currency of Malta.
The lira (plural liri) is abbreviated as LM, although the...
uk.encarta.msn.com /Maltese_Lira.html   (171 words)

  
 RATE-EXCHANGE.org - Malta Currency / Maltese Lira
The Maltese lira is the national currency of the Republic of Malta, an island nation situated in the Mediterranean Sea.
The Maltese lire became the national currency of Malta in 1983, when it replaced the Maltese pound.
Prior to entering the ERM, the exchange rate for the lira was pegged to a basket of currencies consisting of the euro, the British pound sterling and the U.S. dollar, which helped to keep inflation under control.
www.converter-currency.com /currency/maltese-lira.cfm   (291 words)

  
 Lira
The Italian lira (plural lire) was the official unit of currency in Italy until January 1, 1999, when it was replaced by the euro (euro coins and notes were not introduced until 2002).
Before the lira, the monetary unit used by the Ottoman Empire was first the Akçe, later to be replaced by the Kurus (Piastre), with the Para as a subunit.
The Maltese Lira, known in the Maltese language as the Lira Malti, is the currency of Malta.
www.knowledgefun.com /book/l/li/lira.html   (940 words)

  
 NationMaster - Encyclopedia: Forint
Lira is the name of the monetary unit of the former currency of Italy.
Lira is the name of the monetary unit of a number of countries, as well as the former currency of Italy, San Marino and the Vatican City.
The European exchange rate mechanism (or ERM) was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange-rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single...
www.nationmaster.com /encyclopedia/Forint   (1638 words)

  
 Maltese lira
maltese lira, and a tad more can be found here.
Look at www.malta-outlook.com for maltese lira and other curious pointers regarding Malta and maltese lira but also do not overlook points of interest from flights malta, Malta Birkirkara, miss tourism world malta 2000, and as far as St. Julian s Hotels one may surely hit upon information correlated with maltese lira.
Correspondingly, www.malta-outlook.com will clarify for you concerning maltese lira and the complete region surrounding Malta and maltese lira.
www.malta-outlook.com /Pointers-Malta/maltese-lira.html   (163 words)

  
 Maltese lira, Malta currency guide and exchange rates
In theory, the lira can trade within a range of 15% either side of the central parity, although movement is likely to be much narrower than this.
On July 25th 2007, the lira was trading at 0.429 against the Euro and 0.640 against Sterling.
The Lira (LM) is the unit of currency and is divided into 100 cents; each cent is again divided into 10 mils.
www.investica.co.uk /malta.htm   (338 words)

  
 Excite España - Búsqueda De Noticias - Resultados con: Maltese
Maltese surgeon Marcel Gatt has for the second time been awarded the Moynihan Prize, a surgical honour in the United Kingdom.
Eleandro Buhagiar became the first Maltese to sail across the Atlantic single-handedly when he successfully reached Horta in the Azores twenty days after setting sail from Antigua in the West Indies on May 14.
The Maltese Government is objecting to United States (US) report which listed Malta as a destination for human traffic for the purpose of commercial sexual exploitation.
www.excite.es /search/news/results?q=Maltese&advanced=1   (422 words)

  
 About Malta - Travel, Maps, Flag and Information
The Maltese language is the only Semitic language of the Afro-Asiatic language family native to a geopolitically European country.
The Maltese are overwhelmingly Roman Catholic and the influence of the Church is strong, with divorce and abortion still being banned by law.
Maltese folklore, traditions and legends still live in the minds of the older-generations, and these are slowly being studied and categorized, like any other European tradition.
www.canadiancontent.net /profiles/Malta.html   (696 words)

  
 Malta: Maltese Lira
The unicameral House of Representatives, (Maltese: Il-Kamra tar-Rappreżentanti), is elected by direct universal suffrage through single transferable vote every five years, unless the House is dissolved earlier by the President on advice of the Prime Minister.
Maltese wines are generally of a good quality, Marsovin and Delicata being prominent examples, and inexpensive, as little as 60-95ct per bottle.
Monetary unit: Maltese lira, with (Oct. 4, 1993) an official rate of 0.38 lira to U.S. $1 (0.57 lira = £1 sterling).
www.lycos.com /info/malta--maltese-lira.html   (379 words)

  
 Highbeam Encyclopedia - Search Results for Maltese
Maltese is the only form of Arabic written in the Latin alphabet.
Maltese, a variety of ARABIC with elements of several other Mediterranean languages, is the only Semitic language written in the...
The voice of a nation's concience: Oliver Friggieri's fiction in recent Maltese literature.
www.encyclopedia.com /SearchResults.aspx?Q=Maltese&StartAt=1   (740 words)

  
 Maltese Pound and Lira: Maltese Currency and Exchange Rates in Malta   (Site not responding. Last check: )
The official Maltese currency is the Maltese Lira (plural: Liri), equivalent to 100 (one hundred) cents.
The One Maltese lira is available only as a coin form, while higher denominations exist in note form, including the two liri, five liri, ten liri, and twenty liri.
The coinage consists of the One Maltese Lira, fifty cents, twenty cents, ten cents, five cents, two cents and one cent.
www.imalta.com /travel/general/currency-malta.htm   (414 words)

  
 Malta travel guide - Wikitravel
True Maltese food is quite humble in nature, and rather fish and vegetable based -- the kind of food that would have been available to a poor farmer, fisherman or mason.
Maltese wines are generally of a good quality, Marsovin and Delicata being prominent examples, and inexpensive, as little as 60-95ct per bottle.
The Maltese may often posture with speaking some English in a way which other Mediterraneans would find hard to understand, but that is not the same as being in e.g.
wikitravel.org /en/Malta   (2752 words)

  
 info: Maltese_Lira   (Site not responding. Last check: )
The lira (plural liri) is abbreviated as LM, although the...
Maltese Lira exchange rates against currencies in North and South America...
Maltese Lira DefinitionMaltese Lira - definition of Maltese Lira - The currency of Malta.
www.napoli-pizza.net /Maltese_Lira.html   (397 words)

  
 BOV - Bank of Valletta
Exchange of Maltese lira: In order to assist in the changeover process, the commercial banks shall be open to business on the 2nd and 3rd January 2008 mostly to exchange Maltese lira notes and coins into euro notes.
Banks will also exchange Maltese lira cash into euro notes and coins for their customers, free of charge and without limitation, subject only to two business days’ notice being given if the amount to be exchanged exceeds a “household amount” of Lm250.
After 31st March 2008, Maltese lira notes and coins will remain redeemable at the Central Bank of Malta at the irrevocably fixed rate for ten and two years respectively after the end of the dual circulation period.
www.bov.com /page.asp?p=12910&l=1&text=1   (481 words)

  
 RATE-EXCHANGE.org - Malta Currency / Maltese Lira
The Maltese lira is the national currency of the Republic of Malta, an island nation situated in the Mediterranean Sea.
In the meantime, the valuation of the lira is controlled by the Exchange Rate Mechanism (ERM) II, whereby EU1 = LM0.4239 +/- 15%.
Prior to entering the ERM, the exchange rate for the lira was pegged to a basket of currencies consisting of the euro, the British pound sterling and the U.S. dollar, which helped to keep inflation under control.
converter-currency.com /currency/maltese-lira.cfm   (291 words)

  
 Lycos Search: Maltese Lira
Maltese Lira Currency Exchange Rates - Moneycorp transacts foreign exchange for commercial and private clients allowing them to save money on larger currency transactions.
Maltese Mortgages for purchasing a property in Malta - rates from approx 4.75% in Maltese Lira.
Maltese Lira* Maltese Lira, monetary unit of Malta.
search.lycos.co.uk /cgi-bin/pursuit?query=Maltese+Lira&cat=loc&lyca=AJ&enc=utf-8   (272 words)

  
 Maltese Lira sole legal tender currency in Malta   (Site not responding. Last check: )
Neither does it mean that the public is being encouraged to effect transactions in euro rather than in Maltese liri, or to convert Maltese liri into euro ahead of euro adoption.
The Bank also pointed out that all Maltese lira holdings, whether held as cash or other financial assets will, upon euro adoption and for a period beyond that date, be converted into euro at the established irrevocable exchange rate without bank charges.
Furthermore, Maltese liri notes will remain exchangeable into euro for a period of ten years, while the Maltese lira and cent coins will remain exchangeable into euro for a period of two years after the adoption of the euro.
www.maltamedia.com /news/2005/eu/printer_10081.shtml   (238 words)

  
 HSBC Bank Malta p.l.c. - New exchange rate mechanism (ERM II) frequently asked questions
The central parity rate of the Maltese lira in ERM II is MTL 0.429300 per euro.
The monetary authorities of Malta have committed themselves to maintain the level of the Maltese lira unchanged at the central parity rate during Malta’s participation in ERM II.
Until the date the euro is adopted as Malta’s national currency, the Maltese lira would remain the sole legal currency in Malta and monetary policy would continue to be set by the Central Bank of Malta.
www.hsbcmalta.com /htmlnew/eurochangeoverfaq.htm   (2119 words)

  
 Tourist Information - About Malta
The Maltese Islands are blessed with one of the most agreeable climates in the Mediterranean.
The Maltese Archipelago lies virtually at the centre of the Mediterranean, with Malta 93kms south of Sicily and 288kms north of Africa.
The maximum amount of Maltese currency that may be brought into the country is of Lm 1000 per person.
www.heartofmalta.com /o_touristinformation.asp   (672 words)

  
 Maltese lira only legal tender currency in Malta
It added that dual pricing does not imply that the euro has obtained legal tender status in Malta or that the people are encouraged to effect transactions in euro or to convert their Maltese liri ahead of euro adoption.
The CBM also pointed out that all Maltese lira holdings will be converted into euro at the established irrevocable exchange rate without any bank charges upon euro adoption and for a period beyond that date.
Maltese liri notes will remain exchangeable into euro for a period of ten years, while all Maltese currency coins will remain exchangeable into euro for a two-year period following the adoption of the euro.
www.di-ve.com /dive/portal/portal.jhtml?id=232670&pid=23   (209 words)

  
 mhra - Guidelines for the converstion of past data
Past monetary and financial data denominated in Maltese lira should be converted to euro at the irrevocably fixed conversion rate set when the derogation is abrogated.
This means that the Maltese lira would still be the only legal tender currency in Malta before this date and data will still be processed, recorded and reported in Maltese liri.
The conversion rate of the Maltese lira against the euro will be irrevocably fixed some time before this date, but not more than seven months before since the minimum two years participation in ERM II will end on 2nd May 2007.
www.mhra.org.mt /page.jsp?id=3503&siteid=1   (1733 words)

  
 Lira - Search Results - MSN Encarta
The New Turkish lira consists of 100 New kurus.
LIRA ® is modern software package for analysis and design of building and mechanical engineering structures of different purposes.
LIRA Meeting with Anthony Calfo Tank Tour JohnL 3/15/2004
uk.encarta.msn.com /Lira.html   (129 words)

  
 Maltese Islands,Malta Weather,Malta Culture,Information Malta-Visit Malta The Official Malta Tourism Site
As the countryside is dotted with the oldest known human structures in the world, the Islands have rightly been described as an open-air museum.
The Maltese archipelago lies virtually at the centre of the Mediterranean, with Malta 93km south of Sicily and 288km north of Africa.
The unit of currency is currently the Maltese Lira (Lm), with a central parity rate against the euro of 0.429300.
www.visitmalta.com /the-maltese-islands   (293 words)

  
 The Malta Business Weekly Homepage
Maltese investors, who have favoured sterling predominantly, would be well advised to diversify into the euro.
The Maltese lira basket is more than 50 per cent euro-based, and if the euro falls further in the short run, the impact would not be too unfavourable.
So we are advising our Maltese clients to begin moving some of their sterling funds to the euro.
www.business-line.com /business-weekly/archives/357/10.htm   (657 words)

  
 HSBC Bank Malta p.l.c. - HSBC Malta Funds SICAV p.l.c. frequently asked questions
The International Bond Fund invests in a wide selection of interest-bearing assets denominated in Maltese Lira or in a currency of a State, which is a member of the Organisation for Economic Cooperation and Development (OECD) or of the European Union (EU).
If you choose the Maltese Lira, you will have to pay Maltese Lira when you invest in the Fund, and units will be issued to you at the Maltese Lira unit price of the Fund.
Capital gains realised by Maltese residents are exempt from tax in Malta for as long as the Fund remains listed on the Malta Stock Exchange and the Fund remains classified as a prescribed Fund.
www.hsbcmalta.com /htmlnew/maltafundsfaq.htm   (2614 words)

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