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Currency & Exchange

Currency of Latvia: Euro

RigaLocal time

Euro · EUR · Shared Currency

Euro
ISO EUR · LATVIA
€
€
Euro
ISO codeEUR
Symbol€
Monetary authorityEuropean Central Bank
EUR
ISO 4217 code
Currency identifier
1
Currencies with an official role
Shared Currency
€
Currency symbol
Use the ISO code when a symbol is ambiguous
Time-sensitive
Exchange-rate context
Check the rate date and source
CurrencyEuro
ISO codeEUR
Largest note€200
Largest coin€2
Current note seriesEuropa series

Who Issues the Euro

Latvia belongs to the monetary area that issues the Euro (EUR), with Latvijas Banka serving as the national central-bank participant. This is a shared-currency arrangement, not a separate national issue; the currency appears as € and ISO numeric 978.

Euro monetary policy is shared across the Eurosystem. For Latvia, the European Central Bank is the central monetary authority while Latvijas Banka remains the national central bank and participates in implementing the common framework.

Currency architectureShared Currency
Primary currencyEuro (EUR)
Monetary authorityEuropean Central Bank
National central bankLatvijas Banka
ModifiersEurosystem

Exchange Rate for EUR

A Latvia conversion involving Euro (EUR) should be anchored to the observation date shown on the page. Provider spreads, card conversion rules and transfer fees can change the amount a customer actually receives even when the reference pair is unchanged. The page uses Latvijas Banka for the institutional currency context.

Latest available reference rate*Loading...
Checking USD/EUR
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
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Banknotes and Coins

Banknotes

Euro banknotes in circulation include €5, €10, €20, €50, €100 and €200. First-series €500 notes can also remain in circulation, although no new €500 notes are issued.

€5EUROPA
€10EUROPA
€20EUROPA
€50EUROPA
€100EUROPA
€200EUROPA
€500FIRST SERIES
Common euro-area banknote design

Coins

Euro coins have a common European side and a national side. All eight standard denominations can circulate throughout the euro area.

1c
2c
5c
10c
20c
50c
€1
€2
Common European sideNational side varies by issuer

Frequently Asked Questions

What currency is used in Latvia?

Latvia uses the euro (EUR) within the Eurosystem. The European Central Bank and Latvijas Banka perform distinct roles in the shared monetary framework.

Who manages the currency system in Latvia?

The euro framework combines the European Central Bank with Latvijas Banka as the national central bank for Latvia.

Are the exchange rates for Latvia real-time?

In Latvia, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. It should not be read as a live executable quote. That framing makes the exchange-rate context transparent.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

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Sources & methodology

For monetary-system facts, the primary reference is European Central Bank, supplemented by the applicable framework for Latvia. EUR identification follows ISO 4217, while exchange-arrangement classification is kept separate from dated market observations. This gives the exchange-rate context transparent.

View sources used for this page
Exchange-rate note: the EUR converter for Latvia requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.