Evolution of the International Monetary System Bimetallisms 600 BC –47 BC Gold Standard 46 BC- 1203 Bimetallisms 1204 – 1789 Flexible Rates 1789 – 1814 Free-Coinage Bimetallism 1815 – 1873 The Gold Standard 1873 – 1914 Anchored Dollar Standard 1915 – 1924 Gold Exchange Standard 1925 – 1933 Anchored Dollar Standard 1934 – 1971 Dollar Standard 1971 – 1973 Flexible Exchange Rates 1973 – 1998 Currency Areas 1999 – ????