The gold financial system was created in 1875.
The Bretton Woods Treaty makes the dollar the world's reserve currency in 1944.
The popularity of electronic trading began in 1980.

The history of the Forex market includes several key milestones that shaped global currency trading. In 1875, the international gold standard was introduced, connecting the value of currencies to gold reserves and creating more stable exchange systems. Later, in 1944, the Bretton Woods system was formed, fixing currencies against the US dollar, which became the leading global reserve currency. In 1971, the United States abandoned the gold standard, causing major currencies to move toward floating exchange rates determined by market demand and supply. During the 1980s, improvements in technology and communication networks increased the speed and efficiency of currency trading worldwide. By the 1990s, internet-based trading platforms opened the Forex market to individual investors and retail traders. Today, the Forex market is the world’s largest financial marketplace, operating continuously for 24 hours and handling trillions of dollars in daily transactions among banks, companies, governments, and traders globally.