The year 1880 is considered by at least one source to be the beginning of modern forex: the gold standard began in that year. Prior to the First World War, there was a much more limited control of international trade. Motivated by the onset of war, countries abandoned the gold standard monetary system.
Ang taon 1880 ay isinasaalang-alang ng hindi bababa sa isang pinagmulan upang maging simula ng modernong forex: nagsimula ang standard na ginto sa taong iyon. Bago ang Unang Digmaang Pandaigdig, nagkaroon ng mas limitadong kontrol sa internasyunal na kalakalan.