Lat Guide, Meaning , Facts, Information and Description
For common abbreviations, see latitude and latissimus dorsi muscle.The lat (Lats in Latvian, currency code LVL) is the official currency of Latvia. It is abbreviated as Ls. Each Latvian lat is composed of 100 santims (Latvian Santimi). Coins are issued in denominations of 1, 2, 5, 10, 20, and 50 santims, as well as 1, 2, and 100 lat. Notes are issued in denominations of 5, 10, 20, 50, 100, and 500 lat.
The Latvian lat was first introduced in 1922, replacing the Latvian ruble. In 1940 Latvia was occupied by the Soviet Union and lats was replaced by USSR ruble, then reintroducted after Latvian independence in 1993.
This is an Article on Lat. Page Contains Information, Facts Details or Explanation Guide About Lat Exchange rate
1 LVL is equal to (as of 07/2004)
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