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20 Euro Cents

Issuer Bank of Latvia
Year 2014-2022
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Value 20 Euro Cents
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Reverse description The reverse, a common design shared across the eurozone, depicts a cartographic representation of the European continent extending beyond the coin's inner circle, with no internal national borders shown. The face value 20 is rendered in large numerals to the left of the map, with the inscription EURO CENT completing the denomination legend. The initials LL in the lower right of the inner field identify the designer Luc Luycx. The outer ring carries the twelve stars of the European Union.
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Reverse lettering 20 EURO CENT LL
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Additional information

Latvia joined the Eurozone on 1 January 2014, making this the first year of issue for Latvian euro coinage. The accession came after a decade-long qualification process that included a severe 2008–2009 economic contraction — one of the worst in the EU — during which Latvia rejected IMF pressure to devalue the lats and instead pursued brutal austerity to maintain its euro peg. That decision made eventual membership both politically charged and, for many Latvians, hard-won.

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