The Bank of Latvia / Presentations / ID: 999105

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ID number:999105

Author: sanita (4)

Evaluation:

Published: 30.10.2008.

Language: English

Level: Secondary school

Literature: n/a

References: Not used

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Extract

Money in circulation
As of 1 January 2008, the total value of Bank of Latvia's banknotes and coins in circulation was 1 049.5 million lats.
Banknotes of 5-lats, 10-lats and 20-lats are predominant
Of coins, there are 150.0 million and 97.0 million 1-santims and 2-santims coins in circulation, and, by contrast, 14.7 million, 27.0 million and 4.4 million 50-santims, 1-lats and 2-lats coins
During one-year circulation, each coin, manages "to visit" the Bank of Latvia 2-5 times on average …

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