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Latvian lats — restored 1993 currency: research record

Evidence coverage: 1993–2014. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Latvian lats — restored 1993 currency

T-FTM000804 · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Dated observations: 1993–2014; this does not establish the entire lifetime.

Parents / predecessors

Latvian ruble — temporary 1992 currencycurrency replacement · 1993-03-05
↗

Children / successors

Euro — converging national replacementsabsorbed into existing currency · 2014-01-01 · later absorption or contribution
↗
Monetary history 4 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

2014-01-01Euro 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.

C696, C697, C646
2014-01-01Euro cash changeover

Latvia: euro adoption 2014-01-01; cash 2014-01-01.

C697
1993-03-05Currency 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.

C830
1993Name revival

Latvia restored the lats name after the Soviet-era interruption.

C831
Evidence & research notes 4 claims

Dated observations, not a proven complete lifespan.

Supported C696

1 EUR = 0.702804 LVL.

Council of the European Union · Council Regulation (EC) 2866/98 — consolidation at 1 January 2026 Citation S348 · Open source ↗

art.1, Latvia currency row; exact decimal retained

Source access and limitations

Article 2’s original 1999 commencement does not backdate later-added currencies.

Country-specific dates come from the separate 974/98 annex.

Supported C697

Latvia: euro adoption 2014-01-01; cash 2014-01-01.

Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 Citation S347 · Open source ↗

Annex, Latvia row; arts.2–3 provide substitution

Source access and limitations

Consolidation, not an as-made 1998 text.

National short cash-withdrawal periods and every accession amendment were not individually audited.

Supported C830

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.

Kristīne Ducmane / Latvijas Vēstnesis · Par mūsu nacionālās valūtas atdzimšanu Citation S412 · Open source ↗

5 March 2003 retrospective; quoted decisions Nos. 1, 2, 5, 7 and 8 of the Monetary Reform Committee

Source access and limitations

Official gazette retrospective quoting decisions; not separately retrieved original decision facsimiles.

Supported C831

Latvia restored the lats name after the Soviet-era interruption.

Kristīne Ducmane / Latvijas Vēstnesis · Par mūsu nacionālās valūtas atdzimšanu Citation S412 · Open source ↗

5 March 2003 retrospective; quoted decisions Nos. 1, 2, 5, 7 and 8 of the Monetary Reform Committee

Source access and limitations

Official gazette retrospective quoting decisions; not separately retrieved original decision facsimiles.

Supported C646

Regulation 974/98 substitutes the euro for each participating state’s currency on its adoption date; cash changeover is separately defined.

Council of the European Union · Council Regulation (EC) 974/98 — consolidation at 1 January 2026 Citation S347 · Open source ↗

arts.1, 1a, 2–3

Source access and limitations

Consolidation, not an as-made 1998 text.

National short cash-withdrawal periods and every accession amendment were not individually audited.

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