Hello again Gentle reader, I am getting excited because very soon, the blog will have its 15000th view. I am completely amazed by your generosity and the time you have spent reading.
When I arrived in Latvia back in 2012, the country was still using the Lat as it's currency but on the 1st January 2014 it was replaced by the Euro. In order for this to happen, Latvia had to meet the EU's "convergence criteria". The country met the conditions and the euro was adopted. Latvia joined the European Union in 2004 and in 2005 the lat was tied to the Euro, a few months later Latvia joined the European Exchange Rate mechanism and the process of conversion began.
Latvian euro coins feature three separate designs on the national side,[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 the 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.
#Latvia #euro #latviancoatofarms
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