The Thaler was the

currency A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general def ...

of the

Electorate Electorate may refer to: * The people who are eligible to vote in an election, especially their number e.g. the term ''size of (the) electorate'' * The dominion of a Prince-elector in the Holy Roman Empire until 1806 * An electoral district An ...

, later

Kingdom of Hanover The Kingdom of Hanover (german: Königreich Hannover) was established in October 1814 by the Congress of Vienna, with the restoration of George III to his Hanoverian territories after the Napoleonic era. It succeeded the former Electorate of Han ...

until 1857. It was identical to the

North German thaler The North German thaler was a currency used by several states of Northern Germany from 1690 to 1873, first under the Holy Roman Empire, then by the German Confederation. Originally equal to the Reichsthaler specie or silver coin from 1566 until t ...

except from 1754 to 1834 when it was worth 1/12 a Cologne Mark of fine silver (versus the Conventions standard of 3/40 a Mark). It was subdivided into 36 ''Mariengroschen'', each of 8 ''

Pfennig The 'pfennig' (; . 'pfennigs' or ; symbol pf or ₰) or penny is a former German coin or note, which was the official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, i ...

''. Between 1807 and 1813, the

Westphalian thaler The Thaler was a currency of the Kingdom of Westphalia between 1807 and 1813. From 1808, it circulated alongside the Frank. The Thaler was equal to those of the preceding states, including the Hannovarian Thaler. It was subdivided into 36 ''Marien ...

(equal to the Hanoverian Thaler) and the

Westphalian frank The Westphalian frank was a currency of the Kingdom of Westphalia between 1808 and 1813. It circulated alongside the Thaler, was equal to the French franc, and was subdivided into 100 ''Centimen''. The currency was dissolved upon being recapture ...

circulated in Hannover. In 1834, the Thaler was revised in

silver Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, whi ...

content to equal to the Prussian thaler at 1/14 a Cologne Mark. The Thaler was replaced at par in 1857 by the Hanoverian vereinsthaler.

References

* * {{Germany-hist-stub Currencies of Germany Modern obsolete currencies Hanover 1857 disestablishments in Germany Coins of the Holy Roman Empire