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37.9% of Latvian lat coins and 95% of lat banknotes now out of circulation
BC, Riga, 18.07.2016.
Print version
Print version37,98 % of Latvian lat coins in the amount of LVL 27.5 mln (145 mln units) and 95 % of lat banknotes in the amount of LVL 934 mln (46.8 mln units) as of now are no longer in circulation, as Bank of Latvia spokesman Janis Silakalns informed LETA.
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At the end of June, a total of 343.9 mln units or 790 tons of lat coins remained un-exchanged. Silakalns said that at the end of December 2013, there were a total of 450 mln units or 1,100 tons of lat coins in existence.
The majority of coins that were left un-exchanged were 1 and 2 santims (sub-unit of lats) coins - a total of 241 mln units.
The number of un-exchanged 1 lat coins was 24.4 mln units. The majority of un-exchanged banknotes were 5 lat banknotes - 1.8 mln units, and 20 lat banknotes - 930,000 units.
Latvia joined the eurozone in 2014.
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