Forex Market Founded

The Forex market was founded in 1971.
The main principle of forex is converting one currency into another. Even if you compare it to the turnover of the American equity exchange (300 billion dollars a day) and to the turnover of the stock market (10 billion dollars a day), the volume of currency Forex operates with will seem really huge. As registered by Wall Street Journal, in September, 1992 this amount was about a trillion dollars a day. Nowadays, the turnover of Forex is from 1 to 1,5 trillion dollars a day.