We recently sorted out the late 18th and early 19th century currencies for several south German states in this forum thread. However, owing to greater complexity for Baden, I thought it best to devote a separate thread to this state.
First, we need to merge the Margraviate and Grand Duchy, as these are the same state. Until that that's done, we'll need the same currency for the Margraviate as for the start of the Grand Duchy .
Up to 1819, we have the usual south German currency of
Conventionsthaler (1771-1819)
1 Conventionsthaler = 120 Kreuzer = 144 Kreuzer Land Münze
This currency would replace the current one for the Margraviate and "Thaler (1814-1837)" for the Grand Duchy .
We then have the Gulden (first in gold, later in silver) worth 60 Kreuzer (Land Münze, although the term doesn't appear on the coins) until 1829, when a Thaler of 100 Kreuzer was issued. There were also Kronenthaler (worth 162 Kreuzer) from 1813 but (as in other south German states) these seem to have been primarily trade coins rather than for general circulation. It isn't clear what unit was used for accounts in this period. Until more information becomes available, I propose the following new currency:
Gulden (1819-1837)
1 Gulden = 60 Kreuzer, 1 Thaler = 100 Kreuzer
This was then followed by the Gulden of the South German Monetary Union:
Gulden (1837-1872)
1 Gulden = 60 Kreuzer, 1¾ Gulden = 1 (Vereins)Thaler
This would replace the current “Gulden (1838-1873)”.
Any comments or corrections would be welcomed.