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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

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

If you are travelling from within the EU, there is no limit on the amount or value of goods you may import, providing your goods are for personal consumption. Goods imported for commercial purposes are subject to duty and the following guideline amounts are in place to determine whether this is the case:

• 800 cigarettes or 400 cigarillos or 200 cigars or 1kg of tobacco.
• 10L of spirits over 22% volume, 20L of alcoholic beverages less than 22% volume, 90L of wine (no more than 60L of sparkling wine) and 110L of beer.

If you are arriving from a non-EU country, the following goods may be imported into Latvia by travellers over 18 years of age without incurring customs duty:

• 200 cigarettes or 100 cigarillos or 50 cigars or 250g of tobacco (if arriving by air).
• 40 cigarettes or 20 cigarillos or 10 cigars or 50g of tobacco (if arriving by road, rail or water).
• 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 €400 for air and sea travellers and €300 for other travellers (reduced to €285 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.