The Thaler was the currency of the two Duchies, later Grand Duchies, of Mecklenburg-Schwerin and Mecklenburg-Strelitz until 1857. It was replaced the Mecklenburg Vereinsthaler at par. From the 1750s it was identical to the Hanoverian thaler at 1/12 a Cologne Mark of fine silver. From 1848, it was equal to the Prussian Thaler at 1/14 a Mark.[1]
The thaler was subdivided into 48 Schillinge, each of 12 Pfenninge.
References
edit- ^ Mar, Alexander Del (1895). History of Monetary Systems: Record of Actual Experiments in Money Made by Various States of the Ancient and Modern World, as Drawn from Their Statutes, Customs, Treaties, Mining Regulations, Jurisprudence, History, Archæology, Coins, Nummulary Systems, and Other Sources of Information. C.H. Kerr. p. 374.