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Main article: "Linguistic_issues_concerning_the_euro § Latvian
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Advertising on a tram using the word 'eiro' for the euro.

The Latvian Parliament adopted on 26 July 2005 "Regulation Nr.564", outlining that the official Latvian name of the euro currency would be "eiro". In December 2007 the regulation was amended, so that the name in all legal matters would be "euro" and in all non-legal matters "eiro". The ECB was asked to approve this special naming convention, but declined on 13 November 2012 and asked Latvia to repeal either the entire regulation or at least the paragraph that granted the euro currency a special Latvian name.[46] On 4 March 2013, the Latvian Ministry of Justice clarified that while the official name of the currency for all financial and legal documents shall be "euro", the public will continue to be able to use the Latvian name "eiro", furthermore it is required to write "euro" in italics indicating the word is in a foreign language.[47]

Latvian euro design[edit]

Latvian euro coins feature three separate designs on the national side,[48] which were publicised in July 2006 on the home page of the "National Bank of Latvia. The designs featured were the "Latvian maiden, which was featured on the "5 lats coin prior to "World War II, on the 1 and 2 euro coins, the greater "coat of arms of Latvia on the 10, 20 and 50-cent coins, and the lesser Coat of arms of Latvia on the 1, 2 and 5-cent coins. Originally, it was planned that "Freedom Monument would be featured on the 2 euro coin, but the original design did not meet the regulations of the ECB since it reached out into the ring of the coin and changed one of the stars. Latvia decided that a changed design of the monument would not be as recognisable and decided to use the Latvian maiden, used on the 1 euro coin, on the 2 euro coin as well.[49]

For the design of "images on the common side and a detailed description of the coins, see "euro coins.

Depiction of Latvian euro coinage | Obverse side
€0.01 €0.02 €0.05
""LV 1 cents.png ""LV 2 centi.png ""LV 5 centi.png
Lesser "coat of arms of Latvia
€0.10 €0.20 €0.50
""LV 10 centi.png ""LV 20 centi.png ""LV 50 centi.png
Greater "coat of arms of Latvia
€1.00 €2.00 €2 Coin Edge
""LV 1 eiro.png ""LV 2 eiro.png ""2 eiro LV josta.jpg("GOD BLESS LATVIA)
"Latvian maiden

A tender for minting the Latvian euro coins began on 20 September 2012.[45][50] On 10 December 2012, it was announced that Latvia will utilise the "Baden-Württemberg Mint.[44][51] The coins were minted in "Stuttgart except the 1 cent, 10 cent and 1 euro coins, which were minted in "Karlsruhe. The production of Latvian euros began in July 2013.[52]

Circulating mintage quantities[edit]

Face Value €0.01 €0.02 €0.05 €0.10 €0.20 €0.50 €1.00 €2.00 €2.00 CC Total
2014 120,000,000 80,000,000 50,000,000 40,000,000 35,000,000 25,000,000 30,000,000 20,000,000 1,000,000 401,000,000

* No coins were minted that year for that denomination
** Data not available yet
*** Small quantities minted for sets only

Notes[edit]

  1. ^ "Kosovo is the subject of a territorial dispute between the "Republic of Kosovo and the "Republic of Serbia. The Republic of Kosovo "unilaterally declared independence on 17 February 2008, but "Serbia continues to claim it as part of its "own sovereign territory. The two governments "began to normalise relations in 2013, as part of the "Brussels Agreement. Kosovo has received formal recognition as an independent state from "111 out of 193 "United Nations "member states.

References[edit]

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External links[edit]

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