1 Jan 1566 Jahr - 1566: Law of 1566 in the Holy Roman Empire fixes the Reichsthaler at 0.875 fine. The Reichsthaler is introduced as the Roman Empire's version of a standard silver coin. Smaller German states would mint the Reichsthaler along with their own coin of smaller denominations. Since each state would create their own system of subdivisions, the Reichsthaler became established as a way to track the worth of coins.

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Source:

McLean, Matthew, and Sara Barker. International Exchange in the Early Modern Book World. The Handpress World. Leiden: Brill, 2016. http://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=1361372&site=eds-live.

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