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Historical Values
Year Value
1992 as of May 1992, retaining ruble as currency but planning early introduction of ``lat''
1992 NA
1993 1 lat = 100 NA; introduced NA March 1993
1993 lats per US$1 - 1.32 (March 1993)
1994 1 lat = 100 cents; introduced NA March 1993
1994 lats per US$1 - 0.5917 (January 1994), 1.32 (March 1993)
1995 1 lat = 100 cents; introduced NA March 1993
1995 lats per US$1 - 0.55 (December 1994), 0.5917 (January 1994), 1.32 (March 1993)
1996 1 lat = 100 cents; introduced NA March 1993
1996 lats per US$1 - 0.544 (January 1996), 0.528 (1995), 0.560 (1994), 0.675 (1993), 0.736 (1992)
1997 1 Latvian lat (LVL) = 100 santims; introduced NA March 1993
1997 lats (LVL) per US$1 - 0.563 (January 1997), 0.551 (1996), 0.528 (1995), 0.560 (1994), 0.675 (1993), 0.736 (1992)
1998 1 Latvian lat (LVL) = 100 santims; introduced NA March 1993
1998 lats (LVL) per US$1-0.595 (January 1998), 0.581 (1997), 0.551 (1996), 0.528 (1995), 0.560 (1994), 0.675 (1993)
1999 1 Latvian lat (LVL) = 100 santims
1999 lats (LVL) per US$1--0.570 (January 1999), 0.590 (1998), 0.581 (1997), 0.551 (1996), 0.528 (1995), 0.560 (1994)
2000 1 Latvian lat (LVL) = 100 santims
2000 lats (LVL) per US$1 - 0.583 (January 2000),0.585 (1999), 0.590 (1998), 0.581 (1997), 0.551 (1996), 0.528 (1995)
2001 Latvian lat (LVL)
2001 LVL
2001 lati per US dollar - 0.614 (January 2001), 0.607 (2000), 0.585 (1999), 0.590 (1998), 0.581 (1997), 0.551 (1996)
2002 Latvian lat (LVL)
2002 LVL
2002 lati per US dollar - 0.6384 (January 2002), 0.628 (2001), 0.607 (2000), 0.585 (1999), 0.590 (1998), 0.581 (1997)
2003 Latvian lat (LVL)
2003 LVL
2003 lati per US dollar - 0.62 (2002), 0.63 (2001), 0.61 (2000), 0.59 (1999), 0.59 (1998)
2004 Latvian lat (LVL)
2004 LVL
2004 lati per US dollar - 0.5715 (2003), 0.6182 (2002), 0.6279 (2001), 0.6065 (2000), 0.5852 (1999)
2005 Latvian lat (LVL)
2005 lati per US dollar - 0.5402 (2004), 0.5715 (2003), 0.6182 (2002), 0.6279 (2001), 0.6065 (2000)
2006 Latvian lat (LVL)
2006 lati per US dollar - 0.5647 (2005), 0.5402 (2004), 0.5715 (2003), 0.6182 (2002), 0.6279 (2001)
2007 Latvian lat (LVL)
2007 lati per US dollar - 0.5597 (2006), - 0.5647 (2005), 0.5402 (2004), 0.5715 (2003), 0.6182 (2002)
2008 lat (LVL)
2008 lati (LVL) per US dollar - 0.5162 (2007), 0.5597 (2006), 0.5647 (2005), 0.5402 (2004), 0.5715 (2003)
2009 lati (LVL) per US dollar - 0.4701 (2008 est.), 0.5162 (2007), 0.5597 (2006), 0.5647 (2005), 0.5402 (2004)
2010 lati (LVL) per US dollar - 0.5422 (2010), 0.5056 (2009), 0.4701 (2008), 0.5162 (2007), 0.5597 (2006)
2011 lati (LVL) per US dollar - 0.5422 (2010) 0.5056 (2009) 0.4701 (2008) 0.5162 (2007) 0.5597 (2006)
2012 lati (LVL) per US dollar - 0.5519 (2012 est.) 0.5012 (2011 est.) 0.5305 (2010 est.) 0.5056 (2009) 0.4701 (2008)
2013 lati (LVL) per US dollar - 0.55 (2012 est.) 0.5 (2011 est.) 0.53 (2010 est.) 0.51 (2009) 0.47 (2008)
2014 lati (LVL) per US dollar - 0.5313 (2013 est.) 0.5469 (2012 est.) 0.5305 (2010 est.) 0.5056 (2009) 0.4701 (2008) note: Latvia joined the EMU and adopted the euro as its currency on 1 January 2014
2015 lati (LVL) per US dollar - | 0.7489 (2014 est.) | 0.7634 (2013 est.) | 0.55 (2012 est.) | 0.5012 (2011 est.) | 0.5305 (2010 est.)
2016 lati (LVL) per US dollar - | 0.9012 (2015 est.) | 0.7525 (2014 est.) | 0.7525 (2013 est.) | 0.55 (2012 est.) | 0.5012 (2011 est.)
2017 lati (LVL) per US dollar - | 0.9037 (2016 est.) | 0.9037 (2015 est.) | 0.9012 (2014 est.) | 0.7525 (2013 est.) | 0.55 (2012 est.)
2018 lati (LVL) per US dollar - | 0.906 (2017 est.) | 0.9037 (2016 est.) | 0.9037 (2015 est.) | 0.9012 (2014 est.) | 0.7525 (2013 est.)
2019 euros (EUR) per US dollar - | 0.885 (2017 est.) | 0.903 (2016 est.) | 0.9214 (2015 est.) | 0.885 (2014 est.) | 0.7634 (2013 est.)
2020 euros (EUR) per US dollar - | 0.82771 (2020 est.) | 0.90338 (2019 est.) | 0.87789 (2018 est.) | 0.885 (2014 est.) | 0.7634 (2013 est.)
2021 euros (EUR) per US dollar - 0.82771 (2020 est.) 0.90338 (2019 est.) 0.87789 (2018 est.) 0.885 (2014 est.) 0.7634 (2013 est.)
2022 euros (EUR) per US dollar - 0.82771 (2020 est.) 0.90338 (2019 est.) 0.87789 (2018 est.) 0.885 (2014 est.) 0.7634 (2013 est.)
2023 euros (EUR) per US dollar - 0.845 (2021 est.) 0.876 (2020 est.) 0.893 (2019 est.) 0.847 (2018 est.) 0.885 (2017 est.)
2024 euros (EUR) per US dollar - 0.925 (2023 est.) 0.95 (2022 est.) 0.845 (2021 est.) 0.876 (2020 est.) 0.893 (2019 est.)
2025 euros (EUR) per US dollar - 0.924 (2024 est.) 0.925 (2023 est.) 0.95 (2022 est.) 0.845 (2021 est.) 0.876 (2020 est.)