Latvia Currency: Everything You Need to Know About the Euro in Latvia
If you're planning a trip to Latvia or doing business with a Latvian company, understanding the country's currency is essential. Latvia is a member of the European Union and uses the Euro (EUR, €) as its official currency. In this article, we’ll explore everything you need to know about the Latvia currency, including its history, current use, exchange rates, and tips for travelers and investors.
The official currency of Latvia is the Euro (EUR, €). One Euro is divided into 100 cents. Latvia adopted the Euro latvia phone number list on January 1, 2014, replacing its previous currency, the Latvian Lats (LVL). The transition was part of Latvia’s integration into the European Union and the Eurozone.
Currency Name: Euro
Currency Code: EUR
Symbol: €
Subdivision: 1 Euro = 100 cents
A Brief History of Latvian Currency
Before adopting the Euro, Latvia used the Latvian Lats (LVL), which was introduced in 1993 after the country regained independence from the Soviet Union. The Lats was seen as a symbol of national identity and economic stability.