Baden gulden

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1849 note of the Bank of Baden, worth 10 gulden Badische Bank 10 Gulden 1849.jpg
1849 note of the Bank of Baden, worth 10 gulden

Baden used the South German gulden as its currency from 1754 until 1873. Until 1821, the Gulden was a unit of account, worth 512 of a Conventionsthaler, used to denominate banknotes but not issued as a coin. It was subdivided into 50 Conventionskreuzer or 60 Kreuzer landmünze.[ citation needed ]

In 1821, the first Gulden coins were issued, equal to the previous Gulden and subdivided into 60 Kreuzer. Between 1829 and 1837, the Thaler was the currency of Baden, worth 100 Kreuzer.[[Munich Coin Treaty|[ citation needed ]]]

In 1837, Baden joined the South German Monetary Union and readopted the Gulden as its currency, again worth 60 Kreuzer. The new Gulden was equal to the earlier Gulden and was worth four sevenths of a Prussian Thaler.[ citation needed ]

In 1857, the Vereinsthaler was introduced to Baden but the Gulden, worth four sevenths of a Vereinsthaler, continued to be the chief unit of currency until 1873, when the German Mark was introduced at a rate of 1 Mark = 35 Kreuzer. The introduction of the German mark in 1873 was the culmination of decades-long efforts to unify the various currencies used by the German Confederation. [1]

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<span class="mw-page-title-main">Vereinsthaler</span>

The Vereinsthaler was a standard silver coin used in most German states and the Austrian Empire in the years before German unification.

<i>Conventionsthaler</i> Coin

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The South German Gulden was the currency of the states of Southern Germany between 1754 and 1873. These states included Bavaria, Baden, Württemberg, Frankfurt and Hohenzollern. It was divided into 60 kreuzer, with each kreuzer worth 4 pfennig or 8 heller.

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<span class="mw-page-title-main">Bavarian gulden</span> Currency of Bavaria until 1873

Bavaria used the South German gulden as its currency until 1873. Between 1754 and 1837 it was a unit of account, worth 512 of a Conventionsthaler, used to denominate banknotes but not issued as a coin. The Gulden was worth 50 Conventionskreuzer or 60 Kreuzer Landmünze.

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Württemberg used the South German gulden as its currency until 1873. Until 1824, the Gulden was a unit of account and was used to denominate banknotes but was not issued as a coin. It was worth 512 of a Conventionsthaler and was subdivided into 50 Conventionskreuzer or 60 Kreuzer Landmünze.

The Thaler was a currency denomination worth 2 Gulden used by St. Gallen until 1798.

The North German thaler was a currency used by several states of Northern Germany from 1690 to 1873, first under the Holy Roman Empire, then by the German Confederation. Originally equal to the Reichsthaler specie or silver coin from 1566 until the Kipper und Wipper crisis of 1618, a thaler currency unit worth less than the Reichsthaler specie was first defined in 1667 and became widely used after adoption of the Leipzig currency standard of 1690.

<span class="mw-page-title-main">Schilling (coin)</span> Class of coinage from central Europe

The schilling was the name of a coin in various historical European states and which gave its name to the English shilling. The schilling was a former currency in many of the German-speaking states of the Holy Roman Empire, including the Hanseatic city states of Hamburg and Lübeck, the March of Brandenburg, and the Duchies of Bavaria, Mecklenburg, and Württemberg. It was also used in Switzerland and in Austria, where silver schillings were introduced as recently as 1923.

References

  1. Shaw, William Arthur (1896). The History of Currency, 1252-1894: Being an Account of the Gold and Silver Moneys and Monetary Standards of Europe and America, Together with an Examination of the Effects of Currency and Exchange Phenonmena on Commercial and National Progress and Well-being (3rd ed.). New York: J. G. Putnam. pp. 207–208.