The scudo continued to circulate on the island of Malta, which had become a British colony, along with some other currencies until they were all replaced by the pound in 1825, at a rate of 1 pound to 12 scudi using British coinage. Despite this, some scudi remained in use and the last coins were withdrawn from circulation and demonetized in November 1886. 1 scudo in 1886 had the spending power equivalent to £3.82 or €4.35 in 2011. The present-day Republic of Malta adopted the decimal Maltese lira in 1972, and the euro in 2008.