The pair of muscles are commonly known as "lats", especially among bodybuilders. The starting bid was 150,000 lats (290,000 USD; 211,000 EUR). The lats was pegged to the euro on 1 January 2005. On 1 January 2014, the Euro became the country's currency, superseding the Lats. Petrovs stole an estimated 18,000 lats (26,000 euros) in goods and money from his victims. Riga Castle is insured for a total of 27.3 million Lats. The lats was pegged against the gold standard from its introduction till 1940. It is also used as a watermark for all lats banknotes. By 1937 Latvia had paid the full amount of 5 million golden lats. Lawton Area Transit System (LATS) provides public transit locally for Lawton and Fort Sill. In 1923 the Bank of Latvia was established and lats replaced rublis in 1925. Maxima Latvija also had the highest revenue in the sector in 2009&colon; 14.80 million lats. The town was reauctioned in June 2010 for only 170,000 Lats.