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
Baltic (tug) Baltic (tug) The Baltic is a German emergency tow vessel (ETV) commissioned in 2010. The vessel which was built in Spain by Astilleros Armon is owned by Arbeitsgemeinschaft Küstenschutz of Germany, a consortium of tugboat companies. The Federal Ministry of Transport, Building and Urban Development of Germany has chartered the vessel to protect the German coastline. The "Baltic" replaced the tugboat "Fairplay 26" as an ETV and operates from Warnemünde in the western Baltic Sea. She was commissioned on 24 September 2010. The Baltic features a bollard pull of 127 tons and a maximum speed of . In October 2010,