Latvia issued this coin to mark the centenary of its central bank's financial literacy program — one of the oldest such public education initiatives in the Baltic region. The Bank of Latvia has run continuous public economic education efforts since the early post-independence period, a priority driven in part by the economic turbulence Latvians experienced through the Soviet collapse and the 2008 banking crisis, when several domestic banks failed spectacularly.
Latvia issued this coin to mark the centenary of its central bank's financial literacy program — one of the oldest such public education initiatives in the Baltic region. The Bank of Latvia has run continuous public economic education efforts since the early post-independence period, a priority driven in part by the economic turbulence Latvians experienced through the Soviet collapse and the 2008 banking crisis, when several domestic banks failed spectacularly.