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Currency history

Latvian lats — interwar currency

Dates in use
Introduction and ending not established
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Latvian lats

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The story

The Soviet currency system displaced the lats, withdrawn on March 25, 1941. [1]

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

Turning points

Currency replacement

Latvia defined one lats as 50 Latvian rubles. Regulation date; this does not date every cash issue. [3]

Sources and evidence

  1. Latvijas Banka · Centenary retrospective: establishment and liquidation of Latvijas Banka
  2. Kristīne Ducmane / Latvijas Vēstnesis · Par mūsu nacionālās valūtas atdzimšanu
  3. Viesturs Pauls Karnups / Latvijas Banka · Interwar monetary history — lats introduction

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Cite this page

“Latvian lats — interwar currency.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-14; data version v49. https://familytreeofmoney.org/currency/T-FTM000881.html

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