How much spending money for Malta?

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Malta Harbour scene

It’s always difficult to know exactly how much spending money to take with you if you’ve never visited a country before. One of our best selling and most popular pre-paid currency cards is the WeSwap card and they have put together a little guide to how much spending money you might need if you are visiting this wonderful country.

Valletta, Malta Spending guide.

The city of Valletta has already kicked off its program as this year’s European Capital of Culture and with an average of 300 days of yearly sunshine, the city and Malta is looking like a very popular destination for 2018. Assuming you have your flights booked, we take a look at the cost of things you might spend your money on while visiting Valletta.

£1.00 = (about) €1.13 at the time of writing.


Valletta is rich in history and its architecture is a wonderful reflection of this. Since being awarded the Capital of Culture, Malta has been restoring many of palaces, fortresses and homes with several being turned into boutique hotels. You can find accommodation in 16th century homes and historic townhouses from just £50 a night on airbnb, with most 4 beds coming in at a very reasonably £80-100 (€90-113) per night. For those who prefer hotels popular choices like La Falconeria and Grand Hotel Excelsior will set you back around £1200 (€1353) for 7 nights in May. These prices continue up to around £2200 (€2481) for the elegant and very popular Hotel Phoenicia.

Food & Drink

Malta offers a wealth of food options from quick grab and go joints to laid back cafes and fine dining. Unsurprisingly seafood is a big feature on many menus and it does not disappoint. Iconic sandwich shop The Submarine is a favourite amongst those looking for a quick, low cost choice that is regularly referred to as the best sandwich in Malta. For only €3.50 you can choose your bread, like a ciabatta, wrap or baguette along with 3 fillings including meat, cheese and salad. Another favourite is Rubino established in 1904 they serve Maltese and Mediterranean food with a menu that changes daily. You will find a mix of fish and meat like Sea Bass and red prawns, pan fried rabbit and slow cooked lamb with mains costing between €17-23. For pasta lovers looking for something midrange then Pastaus located on Old Theatre Street is a must. This place is renowned for its delicious fresh pasta served with good wine in a great atmosphere. You can find traditional dishes for €8 and specials for €12. When it comes to drink there are some excellent wines across the city and you can usually get a domestic beer for around €2.75-3. Perfect for sitting on the waterfront and watching a sunset.

Maltese food


 Malta has a great bus network with single fares costing just €2 during the summer, if you are visiting for a week then the “Explore” card is just €21 for 7 days of unlimited travel. For those wanting to venture further afield to Gozo, the ferry costs € 4.65.

Things to do in Valletta

There is no shortage of things to do in Valletta, especially if you love architecture and history. The ornate detail at St John’s Co-Cathedral is a must see, entry costs €10. The underground tunnels and chambers that make up Lascaris War Rooms, these were the war headquarters for the defense of Malta during the Second World War. Entry is €12 and includes a tour, a family ticket can be purchased for €25. For those who enjoy walking, a stroll around the waterfront and town is a great way to spend a couple of hours. The colourful wooden balconies add Upper Barrakka Gardens make for some charming sights.

Travel Money

Malta has used the Euro since 2008. It welcomes visitors from all over the globe and some of the larger hotels may accept other currencies but in general you will need Euros. Atms and card use is widespread so you would have no trouble using your debit card or a prepaid currency card like WeSwap . It is always handy to take some cash too so visit our Euro page to compare the best offers.


Thanks to George at WeSwap for the facts and figures.



Posted by Graham Morley

Graham Morley

Graham is the Business Development Manager for Compare Holiday Money.

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