History of Latvia forests were another export revenue source. On March 27, 1919 the Latvian rublis was introduced with an exchange rate of 1 Latvian rublis equal to 1 ostruble, 2 German marks and 1,5 czar rubles. On March 18, 1920 Latvian rublis was made the only legal currency. Due to high inflation, the new Latvian lats currency was introduced at a rate 1 lat to 50 rublis. In 1923 the Bank of Latvia was established and lats replaced rublis in 1925. Between 1923 and 1930 state budget was with a surplus. On average 25,5% went to defense, 11,2% to education and 23,4%
North Carolina Confederate currency Will pay to Bearer, at the Treasury, on or before Jan'y 1st, 1866, FIVE CENTS. J. Spelman, Public Printer. (signed) For Pub. Treas. Receivable in Payment of All Public Dues. (right margin) All of the 1861 North Carolina fractionals are known to exist with and without plate marks A and B (appearing above the word Carolina). Various paper and watermark combinations exist, as are bills printed on the backs of bonds and other denominations of notes. Known serial number / serial combinations include: North Carolina Confederate currency The Confederate State of North Carolina issued currency during the years 1861, 1862,