Latvia joined the Eurozone on 1 January 2014, making this the first year of issue for Latvian euro coinage. The transition ended a 23-year run of the lats, the national currency reintroduced after independence from the Soviet Union in 1991 — itself a politically loaded revival of the interwar lats that had circulated before Soviet annexation in 1940.
Latvia joined the Eurozone on 1 January 2014, making this the first year of issue for Latvian euro coinage. The transition ended a 23-year run of the lats, the national currency reintroduced after independence from the Soviet Union in 1991 — itself a politically loaded revival of the interwar lats that had circulated before Soviet annexation in 1940.