Latvian lats being equivalent to 1 lats. The 5 lats banknote was introduced at first, and the last banknote to be introduced was the 500 lats banknote on 20 July 1998. The lats was replaced on 1 January 2014 by the Euro, at the rate of 0.702804 Lats to 1 Euro. The second lats can be exchanged to euros at the official rate at the Bank of Latvia's cashier's office in Riga. Coins were issued in denominations of 1 santīms, 2 and 5 santīmi, 10, 20 and 50 santīmu, 1 lats and 2 lati. Besides standard coins in the list below and
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