A konvenciós pénzrendszer bevezetése a 18. század közepén és ennek jelentősége
The Introduction of the Convention Currency Standard in the Middle of the 18th Century and its Significance

Summary/Abstract: One of Maria Theresa’s most important financial–economic provisions was the introduction of the 20-guilder foot currency system in 1750, which was extended to an international coinage system by the coin convention signed between the Habsburg Monarchy and Bavaria in 1753. My research summarizes the historical background and the steps that lead to the contract. The convention-based coinage system, implemented in various forms, became extremely popular in Central Europe. The causes and impacts are also analyzed, together with all the monetary details that are yet unexplored in the Hungarian scholarly literature.

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