When was the first Stock Exchange founded?

Could you please clarify when the very first Stock Exchange was established? It's fascinating to delve into the historical roots of finance and understand the origins of such pivotal institutions. Was it in the Renaissance period, when trade and commerce flourished? Or perhaps even earlier, during a time when economies were just beginning to take shape? Understanding the timeline of this development would provide valuable insight into the evolution of financial markets and the Stock Exchange's role in shaping modern economies.