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.
References
edit
- Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
 | This article about a unit of currency is a stub. You can help Wikipedia by expanding it. |
  | This German history article is a stub. You can help Wikipedia by expanding it. |