Catalog
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| Issuer | Latvijas Banka (Bank of Latvia) |
|---|---|
| Year | 2008 |
| Type | Log in to see details |
| Value | 10 Latu (10 LVL) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | LATVIJAS BANKAS NAUDAS ZĪME DESMIT LATU LATVIJAS BANKA (Translation: Banknote of the Bank of Latvia / Ten Lats / Bank of Latvia) |
| Reverse description | Log in to see details |
| Reverse lettering | DESMIT LATU ©LATVIJAS BANKA 1992 LATVIJAS BANKAS NAUDAS ZĪME (Translation: Ten Lats / ©Bank of Latvia 1992 / Banknote of the Bank of Latvia) |
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| Comments |
Latvia re-entered its pre-Soviet monetary identity in 1993 when the lats was restored — a deliberate act of continuity with the interwar republic, not a new currency at all. The 2008 series updated the existing lats notes with enhanced security while retaining the visual grammar established earlier in the decade. Giesecke & Devrient's Leipzig facility, one of the principal banknote producers for post-Soviet Baltic issuers, handled production throughout the series run.
The lats survived only until 2014, when Latvia adopted the euro. Remaining stock was demonetized on a fixed schedule, though the Bank of Latvia committed to exchanging lats indefinitely — an unusual guarantee that has kept hoarding pressure low on circulated examples.