Latvian lats standard from its introduction till 1940. On 17 June 1940, Latvia was occupied by the USSR. After the dismantling of the Bank of Latvia and its replacement with the Latvia Republican Office of the Gosbank on 10 October, the Soviet ruble was introduced alongside the lats on 25 November 1940 at par, although the real monetary value of the rouble was about three times lower and thus both wages and prices were gradually raised to devalue the lats from June to November 1940. To lessen the effect of the exodus of goods sent by Soviet occupational personnel to the USSR,
Carthaginian currency Carthaginian currency Carthaginian or Punic currency refers to the coins of ancient Carthage, a Phoenician city-state located near present-day Tunis, Tunisia. The base currency was the shekel, although its Punic pronunciation was probably . The Phoenicians, despite their extensive trading empires, began minting coins relatively late. Siculo-Carthaginian currency began to be issued in the mid-4th century and probably preceded Phoenicia's own Tyrian shekels, which developed . Carthage was also the first known state to utilize lightweight, flexible leather promissory notes. Carthage issued ½-shekel, shekel (7.20 g), 1⅔-shekel, double shekel, and triple shekel coins. 5-shekel pieces were issued in Sicily. It