Bretton Woods Conference and immediate implementation (July 1944–1946)

1. Delegates convene at Bretton Woods conference

   Jul 1, 1944Labels: Bretton Woods, Mount Washington, Allied delegates

   • World Bank Archives
   • Britannica

2. Final Act signed; IMF and IBRD charters agreed

   Jul 22, 1944Labels: Final Act, International Monetary, IBRD Charter

   • IMF Articles
   • World Bank Archives

3. U.S. approves participation via Bretton Woods Agreements Act

   Jul 31, 1945Labels: United States, Bretton Woods, U S

   • Avalon Project
   • FRUS 1946

4. IMF and IBRD Articles enter into force

   Dec 27, 1945Labels: IMF Articles, IBRD Articles, legal entry

   • IMF Articles
   • WB Articles

5. Savannah meeting adopts by-laws and selects Washington

   Mar 1, 1946Labels: Savannah Meeting, IMF Board, IBRD Board

   • WB Timeline
   • IMF Chronology

6. IMF Executive Directors hold first meeting

   May 6, 1946Labels: IMF Executive, first meeting, Washington D

   • IMF Annual Report
   • IMF Chronology

7. World Bank appoints its first president, Eugene Meyer

   Jun 18, 1946Labels: World Bank, Eugene Meyer, IBRD President

   • WB Presidents

8. First Annual Meetings held in Washington, D.C.

   Sep 27, 1946Labels: Annual Meetings, IMF, World Bank

   • FRUS 1946
   • IMF Chronology

9. Initial par values set for member currencies

   Dec 18, 1946Labels: Par values, member currencies, exchange rates

   • FRUS 1946

10. IMF begins operations under the Bretton Woods system

    Mar 1, 1947Labels: IMF Operations, Bretton Woods, dollar-gold link

    • IMF Timeline
    • IMF Chronology

11. Immediate implementation completed; Bretton Woods institutions operational

    Mar 1, 1947Labels: Immediate Implementation, Bretton Woods, operationalization

    • IMF Timeline
    • WB Timeline
    • FRUS 1946

12. France makes the first IMF drawing

    May 8, 1947Labels: France, IMF drawing, first borrower

    • IMF Chronology
    • IMF overview