Currency conversion with effect from 28 June 1993 at a rate of 200 Latvian roubles (LVR) = 1 Latvian lats (LVL); the Latvian rouble remained legal tender at this rate until 17 October 1993. Accession to the European Monetary Union on 1 January 2014; irrevocable euro conversion rate: EUR 1 = LVL 0.702804.
Methodology
Until 1996, calculated on the basis of month-end buying and selling rates, from 1997 on the basis of mid-month and month-end middle rates.
