Author:
Evaluation:
Published: 30.10.2008.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Presentations 'The Bank of Latvia', 1.
  • Presentations 'The Bank of Latvia', 2.
  • Presentations 'The Bank of Latvia', 3.
  • Presentations 'The Bank of Latvia', 4.
  • Presentations 'The Bank of Latvia', 5.
  • Presentations 'The Bank of Latvia', 6.
  • Presentations 'The Bank of Latvia', 7.
  • Presentations 'The Bank of Latvia', 8.
  • Presentations 'The Bank of Latvia', 9.
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 …

Author's comment
Atlants