Latvian euro coins Latvian euro coins Latvia replaced its previous currency, the lats, with the euro on 1 January 2014, after a European Union (EU) assessment in June 2013 asserted that the country had met all convergence criteria necessary for euro adoption. The adoption process began 1 May 2004, when Latvia joined the European Union, entering the EU's Economic and Monetary Union. At the start of 2005, the lats was pegged to the euro at Ls 0.702804 = €1, and Latvia joined the European Exchange Rate Mechanism (ERM ll), four months later on 2 May 2005. Latvia's Treaty of Accession to the European
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