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10 Latu

Issuer Latvijas Banka (Bank of Latvia)
Year 2008
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Size 130 × 65 mm
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Obverse lettering LATVIJAS BANKAS NAUDAS ZĪME
DESMIT LATU
LATVIJAS BANKA
(Translation: Banknote of the Bank of Latvia / Ten Lats / Bank of Latvia)
Reverse description The central vignette presents an elaborate intaglio rendering of a traditional Latvian crescent-shaped brooch (sakta), richly ornamented with interlaced knotwork patterns and set against a field of geometric guilloche. The Latvian state coat of arms appears at lower right, while the date "2008" is printed below. The denomination numeral "10" is repeated at upper right within a latticework panel, and the copyright line appears vertically along the left margin.
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Comments

Latvia re-entered its pre-Soviet monetary identity in 1993 when the lats was restored — a deliberate act of continuity with the interwar republic, not a new currency at all. The 2008 series updated the existing lats notes with enhanced security while retaining the visual grammar established earlier in the decade. Giesecke & Devrient's Leipzig facility, one of the principal banknote producers for post-Soviet Baltic issuers, handled production throughout the series run.

The lats survived only until 2014, when Latvia adopted the euro. Remaining stock was demonetized on a fixed schedule, though the Bank of Latvia committed to exchanging lats indefinitely — an unusual guarantee that has kept hoarding pressure low on circulated examples.

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