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Exchange rates for the Deutsche Mark in Malta / MTL 1 = DEM ... (buying) / up to the end of 1998

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Time series key BBEX3.D.MTL.DEM.CM.AA.000
Unit DEM
Dimension one
Timespan from 1974-08-16 to 1998-12-31
Last update 20.09.2023 02:27:31 PM
   
General At the end of 1982, the currency name was changed from Maltese pound (MTP) to Maltese lira (MTL). Listed against the euro as of January 1999, see BBEX3:D:MTL:EUR:BB:AC:000 (euro foreign exchange reference rates of the European Central Bank).
Source Central Bank of Malta, Valletta.
   
Comment on 1992-11-25 On 25 November 1992, the Maltese lira was devalued. We recorded the following exchange rates (buying/selling rate): 24 November 1992: MTL 1 = DEM 4.8042 / 4.7922 25 November 1992: MTL 1 = DEM 4.3222 / 4.3114 On the basis of these exchange rates, the Maltese lira depreciated by 10.0%.