Latvia Currency

Travelling to or living in Latvia? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.

Use the TransferGo card in Latvia

The TransferGo card helps you spend smarter in Latvia. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.

What is the currency in Latvia?

The official currency of Latvia is the euro

Before the euro, Latvia used the lats (LVL).

EUR, €

Banknotes

€5

€10

€20

€50

€100

€200

€500

Coins

1

2

5

10

20

50 cents

€1

€2

How to spend money in Latvia

Latvia is very card-friendly, especially in Riga. Smaller towns and markets may still prefer cash, so it’s best to carry both. Tip: Always choose to pay in local currency (EUR) to avoid extra conversion charges. With TransferGo, you can spend confidently and save on hidden bank fees.

  • Tip: Always pay in the local currency to get the best exchange rate and avoid extra conversion charges.

Tips for exchanging money in Latvia

ATMs are reliable: best way to withdraw cash.

Cash still common in rural areas.

Avoid exchange kiosks: rates are poor.

Budget tip: in cities, cards dominate; in villages, cash helps.

With TransferGo, you can send euros directly to Latvia or spend locally with your TransferGo card—no hidden fees.

Trusted by millions worldwide

For over a decade, TransferGo has made financial services faster, simpler, more affordable—and more accessible to those who need them most.

“Really good service!”

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“Great company and competitive rates”

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Frequently asked questions

What is the official currency used in Latvia?

The euro (EUR, €).

What is the official currency used in Latvia?

Symbol: € | Code: EUR

Can I use my home currency in Latvia?

No, euros only.

How can I use the TransferGo card in Latvia?

Just activate it in the app and start spending — online, in stores, or at ATMs.

Is it better to use cash or card when spending in Latvia?

Both—cards for cities, cash for rural areas.

Are credit or debit cards widely accepted in Latvia?

Yes, especially in cities; smaller places may prefer debit.

Are there ATMs available in Latvia, and are there withdrawal limits?

ATMs are everywhere: but some might charge fees.

Can I use a TransferGo card in Latvia?

Yes! You can use your TransferGo card for spending, withdrawing, or managing your money— with fair rates and no hidden fees.