Currency

The official currency of the Latvia is Latvian lat (LVL): 1 EUR = 0,7028 LVL. The Euro is used for hotel, apartment and real estate pricing and for most apartment rental transactions. Payment for goods and services in shops, hotels, cafes and restaurants is only in Latvian lats. You can withdraw money from cash machines which can be found all over the city, at the airport, at bus and train stations and in some hotels and restaurants. Credit cards are widely accepted especially in Riga. However in some small restaurants, cafes or shops you cannot pay with credit card. Some hotels introduced a portable credit card terminal that the waiter brings to the table. Taxis don’t accept credit cards unless arranged in advance.