lats

currency

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Last updated

July 20, 2026

Quick Summary

The lats was the official currency of Latvia until 2014. The word "lats" is derived from the Latvian word for Latvia. In 2014, Latvia adopted the Euro as its national currency.

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Latvia
Finance
…adopted its own currency, the lats. On January 1, 2014, Latvia adopted the euro as its official currency. The Central Bank of the Republic of Latvia is the centre of the banking system. There is a stock exchange in Riga. In the middle of the first decade of the 2000s,…
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…adopted its own currency, the lats. On January 1, 2014, Latvia adopted the euro as its official currency. The Central Bank of the Republic of Latvia is the centre of the banking system. There is a stock exchange in Riga. In the middle of the first decade of the 2000s,…
Read More