Latvian lats Latvian lats The lats (plural: "lati" (2–9) "latu" (10 and more)), ISO 4217 currency code: LVL or 428) was the currency of Latvia from 1922 until it was replaced by the euro on 1 January 2014. A two-week transition period during which the lats was in circulation alongside the euro ended on 14 January 2014. It is abbreviated as "Ls" and was subdivided into 100 "santīmi" (singular: "santīms"; from French "centime"). The lats was first introduced on 3 August 1922, replacing the Latvian rublis at a rate of 1 lats = 50 rubļi. The lats was pegged against the gold
Lithuanian long currency Lithuanian long currency The so-called Lithuanian long currency was a type of money used by the Baltic tribes and in the early Grand Duchy of Lithuania in the 12th–15th centuries. It was commodity money in the form of silver ingots. Most often they were semicircular rods about in length and weighted between . Other trading centers, notably Kievan Rus' and Veliky Novgorod, developed their own version of such ingots which are known as grivna or grzywna. The ingots were replaced by minted coins in the middle of the 15th century. The currency was mentioned already by Tadeusz Czacki (1800) and