5 lats coin coins were never minted as the Second World War broke out. After the Soviet occupation of Latvia in 1940, lats continued to circulate alongside the Soviet ruble, although silver coins had largely disappeared from circulation. (Even prior to the war, Latvian people had started to hoard silver coins to prepare for the imminent crisis.) On 25 March 1941, all denominations of lats were abruptly annulled. As the general society was given no prior warning, an estimated 50 million lats were never exchanged for rubles. The people were left with suddenly-worthless coins and bills, except for sentimental value and the silver
Multi-currency pricing found in "card not present" (internet, mail-order/telephone-order) environments, but can also be used as a terminal application in "card present" (POS) environments. Multi-currency pricing Multi-currency pricing (MCP) is a financial service which allows businesses to price goods and services in a variety of foreign currencies, while continuing to receive settlement and reporting in their home currency. With MCP, merchants can sell the same item to British customers in pounds sterling, French and German customers in Euros, and Japanese customers in Yen. A sales tool that helps merchants expand into other sectors of the global marketplace, MCP allows cardholders to shop,