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Latvian lats
The lats (plural: ''lati'' (2–9) ''latu'' (10 and more)), ISO 4217 currency code: LVL or 428) was the currency of Latvia until it was replaced by the euro on 1 January 2014. A two-week transition period during which the lats was in circulation alongside the euro ended on 14 January 2014.〔 It is abbreviated as ''Ls'' and was subdivided into 100 ''santīmi'' (singular: ''santīms''; from French ''centime''). ==First lats, 1922–1940==
The lats was first introduced in 1922, replacing the Latvian rublis at a rate of 1 lats = 50 rubļi. In 1940, Latvia was occupied by the USSR and the lats was replaced by the Soviet ruble at par.
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