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Collection: Banknotes of Latvia
The 500 lats banknote was once the third most valuable in the world, behind only the 10,000 Brunei/Singapore dollar and the 1,000 Swiss franc notes. Latvia withdrew it from circulation before many collectors even had a chance to see one.
From rublis to lats, twice
The lats replaced the rublis in 1922 at a rate of one lats to fifty rublis, and it disappeared with the Soviet occupation. After the 1991 independence, Latvia brought it back in 1993, this time exchanging two hundred rublis for one lats, and kept it until the arrival of the euro in 2014.
Oaks, sacta and a folklorist
The banknotes, designed by Imants Žodžiks and Valdis Ošiņš, feature an oak tree with a solar motif, the curves of the Daugava river, or the traditional Latvian brooch, the sacta; the 100 lats note features the folklorist Krišjānis Barons, compiler of the popular Latvian dainas.
What you will find here
Latvian lats with Pick reference and actual condition.
Shipping
Protected and tracked from Spain.
Discover more banknotes from the region in Banknotes of Europe.
If you are interested in this area, combine with Estonia and Lithuania.