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5 Liri
| Issuer | Central Bank of Malta |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | Bank Centrali ta' Malta Din il-karta tal-flus hija valuta legali għal ĦAMES LIRI f`Malta u maħruġa bl-awtorità ta' l-Att ta' l-1967 tal-Bank Centrali ta' Malta (Translation: Central Bank of Malta This banknote is legal tender for Five Liri in Malta and issued with the authority of the Central Bank of Malta Act of 1967) |
| Reverse description | A foreground scene of two fisherfolk mending nets beside colourful sailboats on a bay, with a panoramic vignette of the fortified hilltop city of Mdina rising above the landscape in the background. The Maltese coat of arms appears at upper left, the 'Lm5' denomination monogram at lower left, and the bank title 'Bank Centrali ta' Malta' at top centre. |
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| Comments |
The 1986 Maltese 5 Liri belongs to the second Central Bank series, which replaced the earlier Maltese pound notes following the island's republican reorientation in the 1970s and the gradual Maltizing of public iconography. De La Rue had been printing Maltese currency since independence in 1964, and the relationship continued uninterrupted through multiple design generations.
The lira was pegged under a currency basket arrangement throughout this period — weighted toward sterling, the Deutsche Mark, and the US dollar — which gave Malta unusual exchange rate stability for a small island economy heavily dependent on tourism and re-export trade. The note circulated until the lira's eventual replacement by the euro on 1 January 2008.