Idan ana kwatanta fa'idojin ma'aunin zinariya da ma'aunin takardar kuɗi (kuɗin takarda, fiat) da sauran ma'auni, to babu makawa ma'aunin kuɗin zinariya zai zama ma'auni na duniya. Waɗannan fa'idoji ba za su bar wani ma'aunin kuɗi ya kafu ba. A cikin tarihin kuɗi, har zuwa Yaƙin Duniya na Ɗaya, duk duniya tana amfani da ma'aunin zinariya da azurfa. Babu wasu ma'auni da duniya ta sani har zuwa lokacin. Sai dai, a lokacin da 'yan mulkin mallaka suka ƙware a nau'o'in mulkin tattalin arziki da kuɗi na ƙarfin ikon ƙasa, suka fara amfani da kuɗi a matsayin hanyar mulkin mallaka, sai suka kafa ma'auni daban-daban. Sun ɗauki ajiyar banki da takardun kuɗin da ba a iya musanya su da zinariya ko azurfa ba, waɗanda ba su da wata ajiya ta zinariya ko azurfa, a matsayin kuɗi tare da zinariya da azurfa. Saboda haka, ya zama wajibi a bayyana fa'idojin ma'aunin zinariya, mafi muhimmanci daga cikinsu sun haɗa da:

If the benefits of the gold standard were to be compared with the fiat (paper currency) standard and other standards, it would be inevitable that the monetary gold standard would become a global standard. These benefits would not allow any other monetary standard to become established. Throughout the history of money and up until the First World War, the whole world operated the gold and silver standards. No other standards were known to the world until then. However, when the colonialists mastered the various styles of economic and financial imperialism, and began using currency as a means of colonialism, they established different monetary standards. They considered bank deposits and non exchangeable banknotes, which had no reserve of gold or silver, as money, along with gold and silver. Therefore, it is necessary to explain the benefits of the gold standard, the most important of which are:

1. Tushen zinare yana buƙatar yaɗuwar zinare cikin yanci, shigo da fitar da shi, wanda hakan ke kai ga kwanciyar hankali a fannin kuɗi, hada-hadar kuɗi da tattalin arziki. A wannan yanayi, musayar kuɗi za ta fito ne kawai daga biyan kuɗin ƙasashen waje don biyan kuɗin kayayyaki da albashin ma'aikata.

1. The gold basis necessitates the free circulation, import and export of gold, which leads to monetary, financial and economic stability. In this case, transactions of exchange would only originate from foreign payments to meet the cost of commodities and the salaries of workers.

2. Ma'aunin zinariya yana tabbatar da daidaituwar farashin musayar kuɗi tsakanin ƙasashe daban-daban, kuma daidaituwar farashin musayar kuɗin kuma tana haifar da bunƙasar cinikayyar ƙasa da ƙasa, domin 'yan kasuwa ba za su ƙara jin tsoron faɗaɗa cinikayyar waje ba, ko rashin tabbas da ke tattare da rashin daidaituwar farashin musayar kuɗi.

2. The gold standard ensures the stability of exchange rates between various countries, and the stability of the exchange rates in turn leads to a boom in international trade, for traders would no longer fear the expansion of foreign trade, and the uncertainty of exchange rate instability.

3. Idan an yi amfani da ma'aunin zinariya, bankunan tsakiya da gwamnatoci ba za su iya faɗaɗa fitar da takardun kuɗi ba, domin muddin takardar kuɗi ba ta musanyuwa da zinariya a farashin da aka ƙayyade ba, hukumomin da abin ya shafa za su ji tsoron cewa idan suka wuce iyaka wajen fitar da takardun kuɗi, buƙatar zinariya za ta ƙaru, kuma ba za su iya biyan wannan buƙata ba. Saboda haka, koyaushe za su yi ƙoƙarin kiyaye daidaitaccen rabo tsakanin abin da suke fitarwa a matsayin takardun kuɗi da ajiyar zinariyar da suke da ita.

3. If the gold standard was employed, central banks and governments would not be able to expand the issuance of banknotes, for as long as the banknote remains non exchangeable with gold at a fixed rate, the authorities concerned would fear that if they exceeded limits in issuing banknotes, the demand for gold would increase and they would not be able to meet this demand. Therefore, they would always tend to maintain a reasonable ratio between what they issue in terms of banknotes and gold reserves.

4. Kowane kuɗi da ake amfani da shi a duniya zai kasance an ƙayyade shi da wani takamaiman adadin zinariya. Sakamakon haka, motsin kayayyaki, kuɗi da mutane daga wata ƙasa zuwa wata zai zama mafi sauƙi, kuma matsalolin ƙarancin kuɗin waje za su ɓace.

4. Each of the currencies used, all over the world would be fixed by a specific amount of gold. As a result, the movements of commodities, money and people from one country to another would be easier, and the problems of hard currency would disappear.

5. Tsarin kuɗin zinariya zai taimaka wa kowace ƙasa wajen kiyaye zinariyarta, domin babu za a yi fasa-ƙwaurin zinariya daga wata ƙasa zuwa wata, kuma ƙasashe ba za su buƙaci yin iko don kare dukiyarsu ba, domin zinariya za ta bar ƙasa ne kawai saboda dalilai na halal, watau a matsayin farashin kayayyaki ko albashin ma'aikata.

5. The gold standard would help each country preserve her gold, for there would be no gold smuggling from one country to another, and countries would not need to exercise control in order to protect their wealth, for gold would only leave the country for legitimate reasons i.e. as prices for commodities or salaries for workers.

Waɗannan wasu daga cikin fa'idodin ma'aunin zinariya ne, kuma dukkansu suna sa ya zama wajibi duniya ta yi aiki da wannan ma'auni. Saboda haka, ba abin mamaki ba ne a ji cewa duk duniya har zuwa Yakin Duniya na Farko tana aiki da ma'aunin zinariya.

These are some of the benefits of the gold standard, and they all make it necessary that the world operates this standard. Therefore, it comes as no surprise to learn that the whole world up until the First World War was indeed operating the gold standard.

A farkon Yakin Duniya ta Farko, tsarin kuɗi mafi yaɗuwa a duniya shi ne wanda ke bisa ma'aunin zinariya, kuma kuɗin da ke yawo a lokacin su ne tsabar zinariya da takardun kuɗi waɗanda za a iya musanya su cikin sauƙi da darajarsu daidai da zinariya. Ma'aunin azurfa kuma yana aiki tare da ma'aunin zinariya. Aiwatar da wannan ma'auni ya kai ga kafa mafi amfani da alaƙar tattalin arziki. Sai dai a lokacin da aka ayyana Yakin Duniya na Farko a shekarar 1914, ƙasashen da ke yaƙi sun ɗauki wasu matakai da suka haifar da rikici a ma'aunin zinariya. Wasu ƙasashe sun soke alhakin musanya kuɗaɗensu da zinariya. Wasu ƙasashe kuwa sun sanya tsauraran takunkumi kan fitar da zinariya, yayin da wasu suka sanya cikas wajen shigo da ita. Haka lamarin ya ci gaba har zuwa shekarar 1971, lokacin da Amurka ta bayyana cewa ta kawo ƙarshen aiki da ma'aunin zinariya, kuma tana niyyar yanke alaƙar da ke tsakanin zinariya da dala. Tun daga wannan lokaci, zinariya ba ta da alaƙa da kuɗi, sai dai ta zama kamar kowace kayayyaki. Niyyar Amurka ita ce ta sanya dala ta zama tushen kuɗi a duniya baki ɗaya, domin ta iya sarrafawa da mamaye kasuwar kuɗi ta duniya. Saboda haka, ma'aunin zinariya bai ƙara aiki a duniya ba, wannan kuma ya dagula tsarin kuɗi, darajar musaya ta riƙa sauyawa. Tun daga wannan lokaci, cikas da wahalhalu wajen canja wurin kuɗaɗe, kayayyaki da ayyuka suka bayyana.

At the start of the first world war, the most prevailing monetary system in the world was that based on the gold standard, and money in circulation at the time was in fact gold coins and paper money readily exchangeable for their equivalent value in gold. The silver standard also operated alongside the gold standard. The implementation of this standard led to the establishment of the most productive economic relations. However, when the First World War was declared in 1914, the warring countries undertook certain measures which led to disorder in the gold standard. Some countries cancelled the liability of exchanging their currencies to gold. Other countries imposed harsh restrictions on the export of gold, while others put obstacles in the face of importing it. This continued until 1971 when America declared that she had put an end to the operation of the gold standard and that she intended to sever the link between gold and the dollar. Since then, gold has had no relation with the currency, but rather has become like any other commodity. America’s intention was to establish the dollar as the monetary basis world-wide so that it could control and dominate the international money market. Therefore, the gold standard no longer operated throughout the world and this disturbed the monetary system and the rates of exchange fluctuated. Since then, obstacles and difficulties in the transfer of currencies, goods and services have appeared.