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50 Latu

Issuer Latvijas Banka (Bank of Latvia)
Year 1992
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Printer Giesecke & Devrient, Munich
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Reverse lettering PIECDESMIT LATU LATVIJAS BANKA NAUDAS ZĪME
(Translation: Fifty Latu, Banknote of the Bank of Latvia)
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Protection type Watermark, Security thread
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Comments

Latvia restored the lats in 1922, suppressed it under Soviet occupation, and brought it back again in 1993 — this note was part of the preparatory printing that made that second restoration possible. Giesecke & Devrient produced the series before the lats officially re-entered circulation, meaning these notes existed physically before the currency they represented was legally recognized.

The 50-lats denomination was the highest in the initial reissue series, printed at a moment when Latvia's monetary independence was administratively real but economically untested. Imants Žodžiks and Valdis Ošiņš handled the design — a deliberate choice to use domestic talent for a currency explicitly tied to national re-emergence from Soviet rule.

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