Latvia's one-lats circulation commemoratives were a deliberate cultural project — the Latvijas Banka issued a new themed lats coin nearly every year after 2001, each tied to a folk tradition or seasonal motif. This Christmas bells piece appeared just one year before Latvia's euro changeover on January 1, 2014, making it among the last lats coins to circulate before the currency's permanent retirement after 22 years of post-Soviet independence.
Latvia's one-lats circulation commemoratives were a deliberate cultural project — the Latvijas Banka issued a new themed lats coin nearly every year after 2001, each tied to a folk tradition or seasonal motif. This Christmas bells piece appeared just one year before Latvia's euro changeover on January 1, 2014, making it among the last lats coins to circulate before the currency's permanent retirement after 22 years of post-Soviet independence.