Latvian lats

Also known as lats, LVL

former Latvian currency

AI overview

The Latvian lats was the official money used in Latvia before the country switched to the euro. It matters historically because it represented Latvia's independence and monetary sovereignty during the period when it was in use.

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Wikidata facts

Image: 2santimi 2006.png

Sources (1)

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Article

The Latvian lats (plural: lati, plural genitive: latu, second Latvian lats ISO 4217 currency code: LVL) was the currency of Latvia from 1922 until 1940 and from 1993 until it was replaced by the euro on 1 January 2014. A two-week transition period during which the lats was in circulation alongside the euro ended on 14 January 2014. The lats is abbreviated as Ls and was subdivided into 100 santīmi (singular: santīms; from French centime), abbreviated as an s after the santīm amount.

The Latvian lats has been recognized as one of the 99 entries of the Latvian Culture Canon.