what was the effect of the peace of augsburg is signed in 1555
The Peace of Augsburg was a treaty signed between Charles V, Holy Roman Emperor, and the forces of the Schmalkaldic League on September 25, 1555 at the city of Augsburg in Ger â¦ many. The effect of the treaty was to establish official toleration for Lutherans in the Holy Roman Empire.hat was the significance of the peace of Augsburg? the peace of Augsburg was significant because it granted the German princes the right to decide the religion of their region, this was a first.