### Early Currency Systems in Latvia
Before coins and paper money waltzed onto the scene, ancient Latvians relied on trade and barter. Imagine trying to buy a loaf of bread with a handful of fish! It wasn’t until the early Middle Ages that foreign coins started trickling into the region — yes, the Vikings had a part to play here. By the 13th century, various forms of currency were used, including the silver “mark,” which held more value than your average cookie in a bakery.
### Introduction of the Latvian Lats
Fast forward to the aftermath of World War I, and Latvia decided it was time for alatvia phone number list homegrown currency—a bold move! In 1922, the Latvian Lats (LVL) was introduced, symbolizing newfound independence. The lats flourished, providing citizens with a tangible sense of national pride, complete with lovely designs featuring local landmarks and historical figures.
### Significant Changes Over the Years
However, the resilient Lats faced challenges. The economic turmoil of the 1930s, subsequent Soviet occupation, and the re-emergence of independence in 1990 led to multiple currency changes. After adopting a new lats in 1993, Latvia saw a period of inflation and adjustment, but soon, the currency stabilized, much like a toddler learning to ride a bike.
### Design and Denominations of the Lats
The Lats was renowned for its unique and artistic designs, featuring everything from herons to the national poet, Rainis. The denominations included coins ranging from 1 santīms to a lofty 5 lats, alongside banknotes depicting beautiful national motifs. It was a visual representation of Latvia’s rich culture, right down to the details.