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20 Latu
| Issuer | Latvijas Banka (Bank of Latvia) |
|---|---|
| Year | 2004 |
| Type | Standard circulation banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
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| Reverse lettering | DIVDESMIT LATU 20 © LATVIJAS BANKA 1992 20 LATVIJAS BANKAS NAUDAS ZĪME 2004 (Translation: Twenty latu 20 © Bank of Latvia 1992 20 Bank of Latvia banknote 2004) |
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| Protection type | Log in to see details |
| Protection description | the Latvian coat of arms visible when held to light; vertical security thread embedded in the paper with microprinting. |
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| Comments |
Latvia re-introduced the lats in 1993 after restoring independence, but this 2004 emission came in the closing years of the currency's second life — EU accession that same year locked in the eventual transition to the euro, which arrived on 1 January 2014. The lats was pegged to the euro at a fixed rate of 0.702804 LVL from 2005, making this note's final decade essentially a counting exercise toward obsolescence.
Giesecke & Devrient's Leipzig facility handled much of the Latvian series. The security specification here is relatively modest for the period, which is worth noting on higher-value denominations where sophisticated counterfeiting incentive exists.