Coins of the Maltese lira former banknote. In 1988 a new coat of arms was adopted showing a heraldic representation of the Maltese flag, a mural crown and a wreath of olive and palm trees. The coin series of 1991 depicted the new coat of arms, but the reverse side remained the same. This series remained in use until 2007, being withdrawn in January 2008 upon the introduction of the Euro. They were demonetised in 2010. Coins of the Maltese lira Coins of the Maltese lira have been struck from when Malta adopted decimal currency in 1972, to 2007, after which Malta adopted the euro.
History of coins in Italy until 1 January 1999, when it was replaced by the euro (euro coins and notes were not introduced until 2002). Old lira denominated currency ceased to be legal tender on 28 February 2002. The conversion rate is 1,936.27 lire to the euro. All lira banknotes in use immediately before the introduction of the euro, as all post WW2 coins, are still exchangeable for euros in all branches of the Bank of Italy until 29 February 2012. The euro officially began circulating in Italy on 1 January 2002 (even though the creation of Italian lira coins was suspended in 1999). Italian