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2 Lati Proclamation of the Republic of Latvia
| Issuer | Bank of Latvia |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | New lats (1993-2013) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
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| Reverse description | Log in to see details |
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| Reverse lettering | 1918 # 1993 2 LATI |
| Edge | Plain with incuse text |
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| Additional information |
Latvia's 1993 coinage program was part of a rapid monetary reconstruction following the reintroduction of the lats in March 1993, replacing the transitional Latvian ruble that had itself only existed since 1992. The 2 lati denomination anchored everyday commerce almost immediately, as the lats was pegged to the IMF's Special Drawing Rights basket — an unusually technocratic choice for a newly independent state still building its central banking infrastructure from scratch.