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The Latvian lats (plural: lati, plural genitive: latu, second Latvian lats ISO 4217 currency code: LVL) was the currency of Latvia from 1922 until 1940 and from 1993 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. [3]
U.S. dollar, the official currency of the United States, the world's dominant reserve currency and the most traded currency globally. Euro, the currency used by the most of countries and territories, the second-largest reserve currency and the second-most traded currency. Some currencies, such as the Abkhazian apsar, are not used in day-to-day ...
For 2014, Latvia was listed 46th on the Human Development Index and as a high income country on 1 July 2014. It used the Latvian lats as its currency until it was replaced by the euro on 1 January 2014. For further information on the types of business entities in this country and their abbreviations, see "Business entities in Latvia".
The ECB was asked to approve this special naming convention, but declined on 13 November 2012 and asked Latvia to repeal either the entire regulation or at least the paragraph that granted the euro currency a special Latvian name. On 4 March 2013, the Latvian Ministry of Justice clarified that while the official name of the currency for all ...
The economy of Latvia is an open economy in Europe and is part of the European Single Market. Latvia is a member of the World Trade Organization (WTO) since 1999, [34] a member of the European Union since 2004, a member of the Eurozone since 2014 and a member of the OECD since 2016. [35] Latvia is ranked the 14th in the world by the Ease of ...
British crown – United Kingdom. Czech crown – Czech Republic. Czechoslovak crown – Czechoslovakia. Danish crown – Denmark. English crown – Kingdom of England. Estonian crown – Estonia. Faroese crown – Faroe Islands. Fiume crown – Free State of Fiume. Greenlandic crown – Greenland.
List of cities and towns in Latvia. Appearance. Cities and towns in Latvia. There are 10 cities ( Latvian: valstspilsēta, "state city", pl. valstspilsētas) and 71 towns ( Latvian: novada pilsēta, "municipality town", pl. novada pilsētas) in Latvia. By Latvian law, towns are settlements that are centers of culture and commerce with a well ...
Micro enterprise tax rate. For turnover not exceeding 7000 euros (per tax year), the tax rate is 9% of the turnover. If the turnover is in the range of 7000.01 to 100 000 euros for the first, second and third year of operation, then the rate is also 9%. However, starting from the fourth tax year, the rate increases to 12%.