The liard was a subdivision of the kronenthaler

Austrian Netherlands kronenthaler

The kronenthaler was the currency of the Austrian Netherlands. It was subdivided into 216 liards or 54 sols. Following the French occupation of the Austrian Netherlands in 1794, the kronenthaler was replaced by the French franc....

, the currency

Currency

In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...

 of the Austrian Netherlands (modern Belgium

Belgium

Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

). There were 216 liards to a kronenthaler. Following the French

France

The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 occupation of the Austrian Netherlands in 1794, the kronenthaler was replaced by the French franc

French franc

The franc was a currency of France. Along with the Spanish peseta, it was also a de facto currency used in Andorra . Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money...

.

The liard was also a French

France

The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

 coin, worth 3 deniers

French denier

The denier was a Frankish coin created by Charlemagne in the Early Middle Ages. It was introduced together with an accounting system in which twelve deniers equaled one sou and twenty sous equalled one livre...

, the smallest in use in the period prior to the revolution

French Revolution

The French Revolution , sometimes distinguished as the 'Great French Revolution' , was a period of radical social and political upheaval in France and Europe. The absolute monarchy that had ruled France for centuries collapsed in three years...

.