MALTA - Euro Change-Over Celebrations

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Dakkus
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Post by Dakkus »

I figure the diffusion should look about like it looks in Greece, just weighted according to the tourists per inhabitant number.
Greece is the only other Mediterranean Euro country that doesn't share a land border with any other Euro country and should thus give best comparison.

Depending on the source there are apparently some 13 to 16 million tourists per year in Greece. If we count it according to the lower number, 13 million, it means that they have about 1,2 tourists per inhabitant.
This number seems to coincide quite well with the Greek coin diffusion: Some 50% foreign, some 50% local. Source: eurodiffusie.nl, which has sadly low sample amounts but where the results seem to be quite similar month after month anyway.

Malta seems to receive some 1,2 million tourists per year. For a country with 400 000 inhabitants that means about three tourists per inhabitant.
So, since the tourist-to-local-ratio is 3:1 as opposed to the Greek 1:1, we could estimate that some 75% of Maltese coins will be foreign.

However, I would like to underline that I am not educated to do maths like this and I might have made some crucial mistake. In any case, for what I know, this number should give a somewhat correct estimation of how easy it will be finding a Maltese coin in Malta. The majority will be from elsewhere, but I still wouldn't call Maltese coins "a rarity" in Malta.
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Dakkus
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Post by Dakkus »

Also, expect the foreign part of the diffusion to be strongly weighted towards what the overall diffusion in Italy looks like, because such a big part of tourists in Malta come from Italy.
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melitikus
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Post by melitikus »

Dakkus wrote:Also, expect the foreign part of the diffusion to be strongly weighted towards what the overall diffusion in Italy looks like, because such a big part of tourists in Malta come from Italy.
good reasoning
Time will tell :-)
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Post by Guest »

Hi
I will be in malta 19 -26 Dec
I think I still need to buy old Maltese currency
Is this corrcet

Thanks
Dave
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Dinkietoy
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Post by Dinkietoy »

Anonymous wrote:Hi
I will be in malta 19 -26 Dec
I think I still need to buy old Maltese currency
Is this corrcet

Thanks
Dave
Many things are already prised in Euro and you can pay in Euro.
But the they give back in the old Maltese currency.
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Fjon
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Post by Fjon »

One sadly regular occurence when I was in Malta was the consistant ripping off of tourists by bus drivers. They would assume that tourists wouldn't notice if they gave back a 25 instead of a 50 coin. It happen pretty much every second bus journey, and once or twice I got caught out.
However with the euro I can see this being much trickier for them to do. Hopefully it will the end of this practice!
If you can keep your head when all around you have lost theirs, then you probably haven't understood the seriousness of the situation.
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