Send Money to Latvia

World First
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
GCEN
Margin Rate: 0.8%
Minimum Transfer: £2000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Currency Solutions
Margin Rate: 1%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated

Countries in Latvia

About Latvia
Capital city: Riga
Currency: Latvian Lats (LVL)
Local time: GMT + 2
Telephone code: 371

Currency rules

The Currency

Latvian Lats - (LVL)

The Lats was first introduced in around 1922 and was then succeeded by the Soviet Ruble in 1940 when the USSR occupied Latvia.

Then in 1993, a little while after Latvia had regained its independence, the Lats was re-introduced in the following denominations;

Coins; 1 santimes, 2 & 5 santimi, 10, 20 & 50 santimu and finally 1 Lats & 2 Lati.

Bank notes; 5, 10, 20, 50, 100, 500

Currency Export regulations:

No restrictions if arriving from or traveling to another E.U. country.

If arriving directly from or traveling to a country outside the E.U.: amounts exceeding EUR 10,000.- or more or the equivalent in another currency (incl. banker's draft and cheques of any kind) must be declared.

Currency Import regulations:

No restrictions if arriving from or traveling to another E.U. country.

If arriving directly from or traveling to a country outside the E.U.: amounts exceeding EUR 10,000.- or more or the equivalent in another currency (incl. banker's draft and cheques of any kind) must be declared.

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