Banknotes of Latvia

The official currency of Latvia is the euro, which replaced the lats in 2014 following the country's accession to the Eurozone. The Bank of Latvia, established in 1922, issued its first paper money in 1923. In 1992, the lats underwent a redenomination, with the new banknotes reflecting contemporary Latvian history and culture. Collectors are drawn to Latvia's banknotes for their striking designs and security features. The 1992 series of lats highlights prominent figures from Latvia's history, with the 5 lats note featuring the renowned poet Rainis. Additionally, modern euro banknotes include unique elements specific to Latvia, such as the 2-euro coin that showcases the country's national emblem.