Forex and Jandel are two distinct terms used in the financial world. Forex, also known as foreign exchange, refers to the global market where currencies are traded. Jandel, on the other hand, is a company that specializes in the manufacturing of precision measurement and instrumentation equipment.
To answer the question, “How old are forex and jandel?” we need to take a closer look at the history of these two terms.
The history of Forex can be traced back to ancient times when merchants and traders conducted transactions across borders. However, the modern-day foreign exchange market can be traced back to the 1970s when the Bretton Woods system collapsed. This led to the adoption of a floating exchange rate system, allowing currencies to be traded freely.
Since then, the forex market has grown exponentially, becoming the largest financial market in the world. According to the Bank for International Settlements (BIS), the daily turnover in the forex market is over $6.6 trillion, making it more significant than any other financial market.
Jandel, on the other hand, is a relatively new company, founded in 1993 by John and Leslie Broughton. The company was established with the aim of providing high-quality measurement and instrumentation equipment to the scientific and industrial communities.
Over the years, Jandel has become a leading manufacturer of precision measurement equipment, including impedance analyzers, LCR meters, and electrometers. The company’s products are widely used in research and development, quality control, and manufacturing processes across various industries, including aerospace, automotive, and electronics.
In conclusion, Forex and Jandel are two distinct terms used in the financial and industrial worlds, respectively. Forex has been around since ancient times, but the modern-day forex market can be traced back to the 1970s. Jandel, on the other hand, is a relatively new company founded in 1993. Regardless of their age, both forex and Jandel play significant roles in the global economy, contributing to the growth and development of various industries.
