Baden gulden

Baden used the South German gulden as its currency from 1754 until 1873.

Until 1821, the Gulden was a unit of account, worth 5⁄12 of a Conventionsthaler, used to denominate banknotes but not issued as a coin.

[citation needed] In 1837, Baden joined the South German Monetary Union and readopted the Gulden as its currency, again worth 60 Kreuzer.

[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.

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