Ofcourse currency system was developed from barter system.With development of human civilization foreign trading and ways also developed and the people use to trade worldwide.But the value of currecy are different in every county.So the people used to fix the value of money.Humans were agreed to fix the value of money according to gold $ so value of gold is also based on the economic development of country.
After that value of currency is based on the gold deposit on the forex center.In the present scenario foreign trading and foreign exchange have wide definition, markets and scopes.When the profit made in the fluctuation or in exchange between two different countries currency i.e known as forexprofit and the business is said to be forex trading.
After that value of currency is based on the gold deposit on the forex center.In the present scenario foreign trading and foreign exchange have wide definition, markets and scopes.When the profit made in the fluctuation or in exchange between two different countries currency i.e known as forexprofit and the business is said to be forex trading.
