Bavarian gulden
Encyclopedia
The Gulden
South German gulden
The Gulden was the currency of the states of southern Germany between 1754 and 1873. These states included Bavaria, Baden, Württemberg, Frankfurt and Hohenzollern....

was the currency of Bavaria
Bavaria
Bavaria, formally the Free State of Bavaria is a state of Germany, located in the southeast of Germany. With an area of , it is the largest state by area, forming almost 20% of the total land area of Germany...

 until 1873. Between 1754 and 1837 it was a unit of account, worth of a Conventionsthaler
Conventionsthaler
The Conventionstaler was a standard silver coin of the Holy Roman Empire. It was introduced in 1754 and contained one tenth of a Cologne mark of silver ....

, used to denominate banknotes but not issued as a coin. The Gulden was worth 50 Conventionskreuzer or 60 Kreuzer
Kreuzer
The Kreuzer, in English usually kreutzer, was a silver coin and unit of currency existing in the southern German states prior to the unification of Germany, and in Austria.-Early history:...

 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
Prussian thaler
The Thaler was the currency of Prussia until 1857. From 1750, it was distinct from north German Reichsthaler unit of account in that it contained 1/14 of a Cologne mark of silver, rather than 1/12, and was minted as a coin...

. The Gulden was subdivided into 60 Kreuzer. In 1857, the Gulden was set equal to four sevenths of a Vereinsthaler
Vereinsthaler
The Vereinsthaler was a standard silver coin used in most German states and the Austrian Empire in the years prior to German unification.- Introduction :...

.

The Gulden was replaced by the Mark
German gold mark
The Goldmark was the currency used in the German Empire from 1873 to 1914.-History:Before unification, the different German states issued a variety of different currencies, though most were linked to the Vereinsthaler, a silver coin containing 16⅔ grams of pure silver...

at a rate of 1 Mark = 35 Kreuzer.
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