The surviving evidence establishes this unit of account, but a fuller narrative is still being developed. Its known connections are shown above; the research page documents what is established and what remains uncertain.

Turning points

1993-03-05

Currency replacement

The lats entered at 200 Latvian rubles per lats. Five-lats notes came first. The June date in Bundesbank metadata refers to later denominations; it is not first lats circulation. ^[1]

1993

Name revival

Latvia restored the lats name after the Soviet-era interruption. ^[2]

Latvia: monetary substitution; not necessarily last cash tender

Euro monetary substitution

1 EUR = 0.702804 LVL. Latvia: euro adoption 2014-01-01; cash 2014-01-01. Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined. ^[3] ^[4] ^[5]

Latvia: euro cash legal-tender start

Euro cash changeover

Latvia: euro adoption 2014-01-01; cash 2014-01-01. ^[4]

Sources and evidence

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Cite this page

“Latvian lats — restored 1993 currency.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000804.html

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