Latvian rublis 1 Rublis, 2 and 5 Rubļi, 10, 20, 50, 200 and 500 Rubļu. This second Latvian rublis was withdrawn from circulation on 18 October 1993, but could be exchanged for lats until 1 July 1994, when it lost validity. and the historic national currency - the "lats" - was reintroduced in 1993, replacing the Rublis at the ratio of 1 lats = 200 Rubļu. The lats was replaced on 1 January 2014 by the Euro, at the rate of 0.702804 Lats to 1 Euro. Latvian rublis The Latvian rublis () was the currency of Latvia from 1919 to 1922 and
Denomination (currency) Denomination (currency) Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment like gift cards. For example, "five euros" is the denomination of a five euro note. In a currency, there is usually a main unit (base), and a subunit that is a fraction of the main unit. In some countries, there are multiple levels of subunits. In the former Ottoman Empire, 1 lira = 100 kuruş = 4000 para = 12000 akçe. Today, only a few places have more than one subunit, notably the Jordanian