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Bavarian 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.