A numismatic coin to commemorate 10 years since Malta adopted the euro is being issued by the Central Bank on Wednesday.

The coin, which will be struck in cupro-nickel, has a face value of €5 and is only legal tender in Malta. It has a weight of 15.50g and a diameter of 33mm. The minting limit is 2,000 pieces. The coins are produced to Brilliant Uncirculated (BU) quality and were designed and minted at the Royal Dutch Mint.

The reverse of the coins carries a stylised representation of ‘Malta’ and ‘Europa’ meant to symbolise Malta’s currency transition from the Maltese lira to euro in 2008. The obverse of the coin features the coat of arms of Malta.

When Malta became an EU member state on May 1, 2004 the country was committed to join the European Monetary Union and adopt the single European currency.

It had to fulfil a number of conditions concerning the stability of public finances, prices, interest rates and the exchange rate. Malta adopted the euro on January 1, 2008. 

Selling at €20 each, coins may be purchased directly from the Malta Coin Centre’s online e-shop facility or from the main building of the Central Bank of Malta.

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