What is known today as the Runic Alphabet appears to have developed from two distinctive sources - one magical, one literate.
Pre-runic symbols, or hällristningar, have been found in various Bronze Age rock carvings, primarily in
There is some debate over the origin of the "alphabet" aspect of the runes. Cases have been made for both Latin and Greek derivation, and several scholars are once again arguing in favour of both these theories. However, the strongest evidence still seems to point to a North Italic origin. The parallels between the two alphabets are too close to be ignored, particularly in the forms of the letters, as well as in the variable direction of the writing, and certain structural and even symbolic characteristics. This would also explain why so many of the runes resemble Roman letters, since both Italic and Latin scripts are derived from the Etruscan alphabet (itself a branch of the Western Greek family of alphabets).
This theory would place the original creation of the Futhark sometime before the 1st. century AD., when the Italic scripts were absorbed and replaced by the Latin alphabet. Linguistic and phonetic analysis points to an even earlier inception date, perhaps as far back as 200 BC.
When the northern tribes began integrating the Italic alphabets into their own symbolic system, they gave the letters names relating to all aspects of their secular and religious lives, thus transforming their simple pictographs into a magical alphabet which could be used for talismans, magical inscriptions and divination.