Latvian lats
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.
| Latvijas lats (Latvian) | |
|---|---|
The standard version of the Ls 1 coin depicted a salmon | |
| ISO 4217 | |
| Code | LVL |
| Unit | |
| Plural | lati (nom. pl.) or latu (gen. pl.) |
| Symbol | ℒ︁𝓈 (first lats) Ls (second lats) |
| Denominations | |
| Subunit | |
| 1⁄100 | santīms |
| Plural | |
| santīms | santīmi (nom. pl.) or santīmu (gen. pl.) |
| Symbol | |
| santīms | s |
| Banknotes | |
| Freq. used | Ls 5, Ls 10, Ls 20, Ls 50, Ls 100 |
| Rarely used | Ls 500 |
| Coins | |
| Freq. used | 1 s, 2 s, 5 s, 10 s, 20 s, 50 s, Ls 1, Ls 2 |
| Demographics | |
| Replaced | Latvian ruble (1 LVL = 200 LVR) |
| Replaced by | Euro (1 EUR = 0.702804 LVL) |
| User(s) | None, previously: Latvia |
| Issuance | |
| Central bank | Bank of Latvia |
| Website | www |
| Valuation | |
| Inflation | -0.4% |
| Source | ECB, April 2013 |
| EU Exchange Rate Mechanism (ERM) | |
| Since | 2 May 2005 |
| Fixed rate since | 1 January 2005 |
| Replaced by euro, non cash | 1 January 2014 |
| Replaced by euro, cash | 1 January 2014 |
| 1 € = | Ls 0.702804 (Irrevocable) |
| This infobox shows the latest status before this currency was rendered obsolete. | |
The Latvian lats has been recognized as one of the 99 entries of the Latvian Culture Canon.
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