Bavaria used the South German gulden (also called 'Florin'[citation needed]) as its currency until 1873. Between 1754 and 1837 it was a unit of account, worth 5⁄12 of a Conventionsthaler, used to denominate banknotes but not issued as a coin. The Gulden was worth 50 Conventionskreuzer or 60 Kreuzer Landmünze.
The first Gulden coins were issued in 1837, when Bavaria entered into the South German Monetary Union, setting the Gulden equal to four sevenths of a Prussian Thaler. The Gulden was subdivided into 60 Kreuzer. In 1857, the Gulden was set equal to four sevenths of a Vereinsthaler.
The Gulden was replaced by the Mark at a rate of 1 Mark = 35 Kreuzer.
bavarian, gulden, bavaria, used, south, german, gulden, also, called, florin, citation, needed, currency, until, 1873, between, 1754, 1837, unit, account, worth, conventionsthaler, used, denominate, banknotes, issued, coin, gulden, worth, conventionskreuzer, k. Bavaria used the South German gulden also called Florin citation needed as its currency until 1873 Between 1754 and 1837 it was a unit of account worth 5 12 of a Conventionsthaler used to denominate banknotes but not issued as a coin The Gulden was worth 50 Conventionskreuzer or 60 Kreuzer Landmunze 50 gulden note dated 1866 Main article South German gulden The first Gulden coins were issued in 1837 when Bavaria entered into the South German Monetary Union setting the Gulden equal to four sevenths of a Prussian Thaler The Gulden was subdivided into 60 Kreuzer In 1857 the Gulden was set equal to four sevenths of a Vereinsthaler The Gulden was replaced by the Mark at a rate of 1 Mark 35 Kreuzer References edit nbsp Money portal Krause Chester L Clifford Mishler 1991 Standard Catalog of World Coins 1801 1991 18th ed Krause Publications ISBN 0873411501 nbsp This article about a unit of currency is a stub You can help Wikipedia by expanding it vte nbsp nbsp This German history article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Bavarian gulden amp oldid 1090480163, wikipedia, wiki, book, books, library,
