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Convert 1 Latvian Lats (LVL) to Canadian Dollar (CAD)

Exchange rates used for currency conversion updated on May 28th 2020 ( 05/28/2020 )

Below you will find the latest exchange rates for exchanging Latvian Lats (LVL) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution. The Latvian Lats (LVL) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.

If you need to SWAP these currencies go to Canadian Dollar (CAD) to Latvian Lats (LVL) page.

1 LVL = 2.2729 CAD

The currency exchange rate, calculated between Latvian Lats and Canadian Dollar on 05/28/2020 is 1 LVL = 2.2729 CAD - AVERAGE intraday quotes were used for this currency conversion.

Convert 1 LVL / 1 CAD to major currencies

LVL to CAD Exchange Rate History Chart

Last 7 days History

2020-05-28 1 LVL = 0.43957 CAD
2020-05-27 1 LVL = 0.43936 CAD
2020-05-26 1 LVL = 0.43758 CAD
2020-05-25 1 LVL = 0.43231 CAD
2020-05-24 1 LVL = 0.43223 CAD
2020-05-23 1 LVL = 0.43223 CAD
2020-05-22 1 LVL = 0.43093 CAD
One year History

About Latvian Lats (LVL)

The Latvian official currency is the lats. Lats are each subdivided into santimi and there are commemorative coins distributed by the Bank of Latvia as well. The Lats is the fourth most valuable currency form in the world coming in behind only the Kuwaiti dinar, the Bahraini dinar and the Omani rial. The lats was reintroduced as the countrys official currency in 1993 after being replaced by the rublis for a short period of time. The Lats is currently under consideration to be replaced completely by the euro sometime in the near future.

About Canadian Dollar (CAD)

The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.

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