50 Latu

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.