Information about currency: Austro-Hungarian Gulden

Austro-Hungarian Gulden (1857 - 1892)
Currency NameAustro-Hungarian Gulden
System1 Gulden = 100 Kreuzer (in Hungary: 1 Forint = 100 Krajczár)
Description

The Gulden or forint (German: Gulden, Hungarian: forint, Croatian: forinta/florin, Czech: zlatý) was the currency of the lands of the House of Habsburg between 1754 and 1892 (known as the Austrian Empire from 1804 to 1867 and the Austro-Hungarian Monarchy after 1867), when it was replaced by the Krone/korona as part of the introduction of the gold standard. In Austria, the Gulden was initially divided into 60 Kreuzer, and in Hungary, the forint was divided into 60 krajczár. The currency was decimalized in 1857, using the same names for the unit and subunit.

Until 1806, Austria was the leading state of the Holy Roman Empire. With the introduction of the Conventionsthaler as the principal currency of the Empire in 1754, when it began to replace the Reichsthaler, the Gulden was defined as half of a Conventionsthaler, equivalent to  1⁄20 of a Cologne mark of silver, and was subdivided into 60 Kreuzer. Following the winding up of the Holy Roman Empire in 1806, the Gulden became the standard unit of account in the Habsburg Empire and remained so until 1892.

In 1857, the Vereinsthaler was introduced across the German Confederation and Austria-Hungary, with a silver content of  16 2⁄3 grams. This was slightly less than  1 1⁄2 times the silver content of the Gulden. Consequently, Austria-Hungary adopted a new standard for the Gulden, containing two-thirds as much silver as the Vereinsthaler. This involved a debasement of the currency of 4.97%. Austria-Hungary also decimalized at the same time, resulting in a new currency system of 100 Kreuzer (krajczár) = 1 Gulden (forint) and  1 1⁄2 Gulden = 1 Vereinsthaler.

In 1892 the Austro-Hungarian Gulden was replaced by the Krone, at a rate of 2 Krone (korona) = 1 Gulden.

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Austro-Hungarian Gulden: Details
Issued ByAustria-Hungary
From1857
To1892
Austro-Hungarian Gulden: Users
CountryPeriodFromTo
Flag of Austrian Empire Austrian Empire Austro-Hungarian Gulden 1857 1867
Flag of Lombardy-Venetia Lombardy-Venetia Austro-Hungarian Gulden 1862 1866
Flag of Austria-Hungary Austria-Hungary Austro-Hungarian Gulden 1867 1892
Flag of Montenegro, Kingdom of Montenegro, Kingdom of Austro-Hungarian Gulden 1867 1892
Austro-Hungarian Gulden: Related Currencies
CountryCurrencyFromTo
Flag of Lombardy-Venetia Lombardy-Venetia Lombardo-Venetian Florin 1862 1866