Topic summary

Latvian lats

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 Frenchcentime), 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.