The Latvian Lats, also known as the "Lats" is the official currency of Latvia. It is subdivided into 100 santims. The Latvian Lats was introduced in 1922, replacing the Latvian Rublis. In Independent Latvia (1918-1940), the Latvian Lats was also the name of the currency. The Latvian Lats was re-introduced in 1993, replacing the Soviet Ruble.
What does SIA stand for in Latvia?
SIA stands for "Swiss International Air Lines". Latvia is a small country located in Eastern Europe, bordered by Estonia to the north, Lithuania to the south, Belarus to the south-east, and Russia to the east. Swiss International Air Lines is the flag carrier airline of Switzerland. Does Latvia use the euro? Yes, Latvia uses the euro as its official currency. Latvia joined the European Union in 2004 and adopted the euro as its official currency in 2007. What is LVL short for? LVL is the common abbreviation for the "Level 2" quote system that displays real-time bid and ask prices for all market participants. The "Level 2" system is also sometimes referred to as the "Order Book." What does LIGO mean in Latvian? LIGO is an acronym for "Latvijas Investīciju un Garantiju aģentūra" which translates to "Latvian Investment and Guarantee Agency". The agency is responsible for promoting and attracting foreign investment into Latvia, as well as providing guarantees for domestic investments. What is LVL level? LVL is an abbreviation for "Level 2" which is a term used to describe the data that is displayed on a stock ticker. This data includes the bid and ask prices for each stock, as well as the number of shares that are being traded. The term "Level 2" is used to describe the data because it is displayed in a two-dimensional format.