The History of Foreign Exchange Market

Jan 27, 2021 Forex Market Knowledge



Ancient

Currency trading and exchange first occurred in ancient times. Money-changers (people helping others to change money and also taking a commission or charging a fee) were living in the Holy Land in the times of the Talmudic writings (Biblical times). These people (sometimes called “kollybistẻs”) used city stalls, and at feast times the Temple’s Court of the Gentiles instead. Money-changers were also the silversmiths and/or goldsmiths[6] of more recent ancient times.
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Medieval and later

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Early modern

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Modern to post-modern

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After World War II

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