Have you always wanted to learn about the art of the Foreign Exchange Market? The Forex Market – as it’s most commonly known – can be defined as the process in changing one country’s currency and trading this with another country’s currency for reasons which include travel, business and commerce.
To put things simply, we need to be able to convert currencies in order to shop and travel around the world, export and import as a business legally and to make large turnovers in the buying and selling of different currencies. There are in fact seven different pairs in the market that have to be paired as duel currencies. But from being open to the public 24 hours a day, five and a half days a week, how did this financial juggernaut come to exist? Read the cool timeline below put together by Knowledge To Action and see for your self!
[Click here for full size version]