Latvia
2 articlesThe monetary identity assigned to Latvia, a sovereign state in Northern Europe, is based on euro (EUR). The European Central Bank and national Eurosystem institutions shape monetary policy and cash issuance for the shared euro currency. Euro-area membership places it inside the Eurosystem framework, with euro banknotes and national-side euro coins rather than an independently issued national currency. The page therefore explains the jurisdictional setting of money rather than duplicating the separate profiles of the currency, central bank or country economy.
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A new wave of commemorative coins from ten countries marks milestones in peace, human rights, and environmental protection, reflecting how currency design can capture national memory and global ideals
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