Financial Services, Latvia, Statistics
International Internet Magazine. Baltic States news & analytics
Monday, 19.11.2018, 20:03
96% of Latvian lats banknotes, 39% of coins exchanged for euros by end July
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The Latvian
central bank reported that 39% of lats coins, worth LVL 28.2 mln (EUR 40.1 mln)
and 96% of lats banknotes, worth LVL 937.8 mln (EUR 1.334 bln), has been taken
out of circulation by the end of June 2018. Altogether 146.7 mln coins and 47 mln
banknotes have been taken out of circulation.
At the end
of June, 342.1 mln lats coins weighing 785 tons still had not been exchanged
for euros. Most of the lats coins not yet exchanged are of the smallest
denominations – one-santims coins and two-santims coins, altogether 240.2 mln
coins. The number of the remaining one-lats coins is 24.2 mln, including
special design coins.
Most of the
lats banknotes that had not yet been exchanged are five-lats banknotes (1.7 mln
banknotes) and 20-lats banknotes (841,000 banknotes).
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