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Money and duty free for Latvia

Currency and Money

Currency information

In January 2014 Latvia adopted the Euro. 1 Euro (EUR; symbol €) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.

Credit cards

American Express, Diners Club, JCB, MasterCard and Visa are accepted by most hotels, restaurants and shops.

ATM

ATMs are available in towns and cities.

Travellers cheques

Most retailers in Latvia won’t accept traveller's cheques and banks may charge to cash them.

Banking hours

Mon-Fri 0900-1700. Some banks are open Sat 0900-1300.

Currency restrictions

There are no restrictions on the import or export of local or foreign currency.

Currency exchange

Bureaux de change are found all over main towns, including inside shops, hotels, post offices and train stations. These tend to close at 1900. The most convenient currency to exchange is the US Dollar.

Latvia duty free

Overview

Latvia is within the European Union. If you are travelling from outside of the EU, you are entitled to buy fragrance, skincare, cosmetics, Champagne, wine, selected spirits, fashion accessories, gifts and souvenirs - all at tax-free equivalent prices.

Latvia's duty-free allowance for travellers from EU countries:

Goods obtained duty and tax paid in the EU are unlimited, as long as they are for your own use. However, if you bring in more than the following, customs officials are more likely to ask the reason for holding the goods:

• 800 cigarettes or 400 cigarillos or 200 cigars or 1kg of tobacco.
• 90L of still wine.
• 110L of beer.
• 10L of alcoholic beverages stronger than 22% or 20L of fortified or sparkling wine or other liqueurs up to 22%.

Latvia's duty-free allowance for travellers from non-EU countries:

If you are arriving from a non-EU country, the following goods may be imported into Germany by travellers with a minimum age of 17 years without incurring customs duty:

• 200 cigarettes or 100 cigarillos (max. 3 grams each) or 50 cigars or 250g of tobacco.
• 4L of wine and 16L of beer and 1L of spirits over 22% volume or 2L of alcoholic beverages less than 22% volume.
• Other goods up to the value of €430 for air and sea travellers and €300 for other travellers (reduced to €175 for children under 15).

Banned Imports

Meat and dairy products from outside the EU, narcotics, counterfeit goods, and unlicensed firearms and ammunition.

The import of plants and plant products from outside the EU is restricted and in some cases prohibited.

Banned Exports

You must obtain a permit from the State Inspection for Heritage Protection to export art and antiques which are more than 50 years old.