Currency
Currency of Latvia - Latvian Lats
Latvia uses the lats (this is the singular, the plural is lati) as its currency. Each lats is then divided into 100 santimi, which is basically the same as the French word centimes, meaning cents.
The Bank of Latvia issues the lats and it comes in coins and notes. Coins come in 1,2, 5, 10, 20 and 50 santimu and 1 and 2 lati. Notes are issued as 5, 10, 20, 50, 100 and 500 latu.
On international markets, the currency is denoted by the letters LVL.
Latvia uses the lats (this is the singular, the plural is lati) as its currency. Each lats is then divided into 100 santimi, which is basically the same as the French word centimes, meaning cents.
The Bank of Latvia issues the lats and it comes in coins and notes. Coins come in 1,2, 5, 10, 20 and 50 santimu and 1 and 2 lati. Notes are issued as 5, 10, 20, 50, 100 and 500 latu.
On international markets, the currency is denoted by the letters LVL.
