Measurements: 130 x 65 mm.
Colour: blue.
Obverse
An ancient sailing-ship and a stylized oak-leaf, which is a see-through register, are superimposed on the fortification plan of the medieval Riga. Across the top of the banknote, there is the two-coloured inscription LATVIJAS BANKAS NAUDAS ZIME (money note of the Bank of Latvia), beneath which the serial number of the banknote is inscribed in red.
Across the bottom of the banknote, there are the inscriptions PIECDESMIT LATU (fifty lats) in two-coloured print, LATVIJAS BANKA (Bank of Latvia), the facsimile signature of the Governor of the Bank of Latvia, and the serial number of the banknote in black print.
On the right side of the banknote, there is a vertical ornamental band which is composed of the motif of Lielvarde belt and topped by the numeral 50. In the left upper part of the banknote, there are three blue relief dots (Braille) arranged in a form of triangle on a white background that is watermarked. Beneath the watermark, the numeral 50 consisting of the microtext 'Ls 50' is superimposed on a band comprised of the inscriptions LATVIJAS BANKA (Bank of Latvia) in micro-lettering.
Reverse
The historical small coat of arms of Riga, a cross above two intersected keys, is superimposed on the city plan of the medieval Riga. A vertical metallic band is worked into the paper on the left of the coat of arms, and a stylized oak-leaf (a see-through register) is on the right. Across the top of the banknote, there is the inscription PIECDESMIT LATU (fifty lats) and the numeral 50. The numeral 50 and the two-coloured inscription LATVIJAS BANKAS NAUDAS ZIME (money note of the Bank of Latvia) are at the bottom of the banknote.
A vertical band with diagonal stripes that shade into one another is on the left of the city plan. Along the edge of the band, there is the inscription © LATVIJAS BANKA 1992 (© Bank of Latvia 1992) on a white background. A design of the large coat of arms of the Republic of Latvia, with the year of 1992 inscribed beneath it, is depicted on a white background in the right lower corner of the banknote. Above the coat of arms, the paper is watermarked.
Watermark
A profile of a Latvian folk-maid wearing a traditional head-dress.