Currency in Latvia – LVL LVL
A practical foreign exchange and currency guide on sending money and travel to Latvia
What's in this Latvia currency guide?
Travelling to Latvia
Latvia has the Baltic Sea to the West and is sandwiched between Estonia in the North and Lithuania to the South. The landscape is characterised by wide beaches and dense forest. Riga, is the medieval capital of Latvia, famous for the medieval old town St Peter’s church as well as its more recent art nouveau architecture.
Money can be exchanged at banks or bureau de changes. ATMs are widely available in the major cities and towns, but always carry cash when venturing further out.
Sending Money to Latvia
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend LVL.
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How stable is the Latvian economy?
The past decade has been a turbulent period for the Latvian economy. From acquiring double digit growth figures before 2008, the country has first experienced a double digit drop in GDP before rebounding to a healthier economy and more focus on socio economic challenges.
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