Latvian euro coins catalog with values
Previous - Latvian coins before euro
Circulation euro coins of Latvia

2 euro 2014 (2014- )
bi-metallic - nickel-brass/copper-nickel
2 EURO
LATVIJAS REPUBLIKA / 2014
Coin value - 4-5 USD

1 euro 2014 (2014- )
bi-metallic - copper-nickel/nickel-brass
1 EURO
LATVIJAS REPUBLIKA / 2014
Coin value - 2-3 USD

50 euro cent 2014 (2014- )
brass
50 EURO CENT
LATVIJA / 2014
Coin value - ~1 USD

20 euro cent 2014 (2014- )
brass
20 EURO CENT
LATVIJA / 2014
Coin value - <1 USD

10 euro cent 2014 (2014- )
brass
10 EURO CENT
LATVIJA / 2014
Coin value - <1 USD

5 euro cent 2014 (2014- )
copper plated steel
5 EURO CENT
LATVIJA / 2014
Coin value - <1 USD

2 euro cent 2014 (2014- )
copper plated steel
2 EURO CENT
LATVIJA / 2014
Coin value - <1 USD

1 euro cent 2014 (2014- )
copper plated steel
1 EURO CENT
LATVIJA / 2014
Coin value - <1 USD
Commemorative euro coins of Latvia - chart with prices
Year | Face value | Mintage | Theme | Alloy | Diameter (mm) | Weight (gr) | Price in Euro |
2014 | 2 | 1000000 | Riga - the European capital of culture in 2014 | bimetallic | 25,75 | 8,5 | 3 |
2015 | 2 | 1025000 | Latvian Presidency of the EU | bimetallic | 25,75 | 8,5 | 3 |
2015 | 2 | 1010000 | 30th anniversary of the European flag | bimetallic | 25,75 | 8,5 | 3 |
2015 | 2 | 1000000 | Stork (on the 30th anniversary of the Latvian Society of Ornithology) | bimetallic | 25,75 | 8,5 | 3 |
2016 | 2 | 1000000 | Cow (Dairy Industry) | bimetallic | 25,75 | 8,5 | 3 |
2016 | 2 | 1030000 | Historical areas: Vidzeme | bimetallic | 25,75 | 8,5 | 3 |
2017 | 2 | 500000 | Historical regions: Kurzeme | bimetallic | 25,75 | 8,5 | 3 |
2017 | 2 | 500000 | Historical areas: Latgale | bimetallic | 25,75 | 8,5 | 3 |
2018 | 2 | 500000 | Historical areas: Zemgale | bimetallic | 25,75 | 8,5 | 3 |
2018 | 2 | 500000 | 100 years of Baltic independence | bimetallic | 25,75 | 8,5 | 3 |
2019 | 2 | 300000 | Rising Sun | bimetallic | 25,75 | 8,5 | 3 |
2020 | 2 | 400000 | Latgale ceramics | bimetallic | 25,75 | 8,5 | 3 |
2021 | 2 | 400000 | Centenary of the Republic of Latvia | bimetallic | 25,75 | 8,5 | 3 |
2022 | 2 | 3000000 | 35th anniversary of the Erasmus program | bimetallic | 25,75 | 8,5 | 3 |
2022 | 2 | 400000 | Financial literacy | bimetallic | 25,75 | 8,5 | 3 |
Latvian euro coins description
Republic of Latvia (lat. Latvijas
Republika)
Capital: Riga
Area: 64589 km2
Population: 2.013 million (2013)
Official language: Latvian
Currency before the introduction of the
euro: Latvian lats = 100 santims
of the euro: January
1, 2014
Head of state: president
Form of government: republic
The transition of the Republic of Latvia
to the new currency took 10 years. One year after the country's
accession to the European Union, on May 2, 2005, Latvia joined the European
Financial Exchange Rate Mechanism (ERM II). The Latvian government
named 2008 as the date for the country's transition to the single European
currency, but due to the inflation rate exceeding the allowable level, the
transition had to be postponed to a later date. Subsequently, the
state's transition to the euro slowed down due to the global financial and
economic crisis.
On March 5, 2013, Latvia submitted an
application to the European Commission with a request to consider whether the
state meets the Maastricht criteria, which was approved in June. The
final decision on the admission of Latvia to the euro area was made by the
Council of Ministers of Economy and Finance of the countries of the European
Union (Ekofin) on July 9, 2013.
Preparations for the transition to a
single European currency began in the Republic of Latvia even before the entry
of this state into the European Union on May 1, 2004.
As early as January 21, 2004, the Bank of
Latvia announced a national competition for design ideas for the obverse of its
own 26 euro coins. As part of the
competition, 1088 projects were sent. As the winner, the expert
jury chose the initiative of Ilze Kalnins, a resident of the city of Jekabpils,
who proposed to place images known to all Latvians on the new coins, symbolizing
Latvia and its main values: the love of Latvians for their homeland and freedom.
On coins from 1 to 50 eurocents, the
state emblem is depicted, and on small denominations - the small coat of arms of
Latvia, and on medium denominations - the large coat of arms. The
graphic design of these coins was created by the artist Guntars Sietins.
Silver 5 lats 1931
On bimetallic coins of 1 and 2 euros, on
which the artist Laimonis Senbergs worked, it was originally proposed to
display, respectively, the Freedom Monument, erected in Riga in 1935, and the
portrait of a girl in national costume, depicted on a silver 5-lat coin , minted
in 1929, 1931 and 1932. The design of this coin was developed by
the famous artist Rihards Zarins.
The Freedom Monument, as well as the
image of a girl from a silver coin, were “christened” with the folk name Milda. After
the accession of Latvia to the USSR in 1940 and the withdrawal of armor from
circulation, the silver Milda became a symbol of the country's sovereignty. When
Latvia gained independence after the collapse of the Soviet Union, a girl in a
folk costume again began to be depicted on new money.
Table 5. Projects of Latvian euro coins
2004-2013 Year 1 cent 2 cents 5 cents 2004 2008 2012 2013
10 cents 20 cents 50 cents 1 euro 2 euro
Latvia - 500-lats banknote of 1992, gold
5-lats coin of 2003 and silver five-lats of 2012. Initially, the changeover to the euro was
planned for 2008, so the date was indicated on the first sketches: 2008.
In 2008, in pursuance of the
recommendations of the European Commission "On the general rules for the design
of national sides of European coins for circulation" dated June 3, 2005, it was
decided to replace the image of the Freedom Monument for 1 euro with the image
of a girl with 2 euros. The fact is that the monument went to the
outer ring, which, according to this recommendation, is unacceptable. At
the same time, experts from the Bank of Latvia came to the conclusion that it is impossible
to depict the sculpture in the inner ring of the coin in such a way that it is
easily recognizable.
In September 2012, the sketches of future
coins underwent another change. On coins of all denominations, the
year was changed - from 2008 to 2014. In addition, on coins of small
denominations and denominations of 1 and 2 euros, the year designation was moved
to the left of the main image.
But this option did not become final! In
January 2013, it became known that the image on bimetallic coins underwent
another change. The fact is that even on the original sketch of
2008, the girl’s headdress (vainag) was depicted not in accordance with the
original image of the five lats pre-war model. In the new
version of the project, this omission was corrected.
The minting of Latvian euro coins began
on July 31, 2013 in Germany at the State Mint of Baden-Württemberg. The
first year of minting will be carried out at two divisions of the mint: in
Karlsruhe and Stuttgart. In the future, only in Stuttgart. On January 1, 2014, Latvian euro coins
went into circulation.