Historic Bitcoin Cash Colombian Peso

03/08/2021: El Salvador Adopts Bitcoin as Legal Tender

El Salvador becomes the first country to recognize Bitcoin, including Bitcoin Cash (BCH), as a legal tender, leading to increased adoption.

24/02/2021: Bitcoin Cash Becomes Merchant Payment Solution

Bitcoin Cash (BCH) gains traction as a popular cryptocurrency for merchant payments due to its low fees and faster transaction times.

15/11/2020: Bitcoin Cash ABC vs. Bitcoin Cash Node

A contentious hard fork occurs within Bitcoin Cash (BCH) community, resulting in a split between Bitcoin Cash ABC and Bitcoin Cash Node.

15/05/2018: Bitcoin Cash Upgrade

Bitcoin Cash (BCH) undergoes a hard fork called ABC upgrade, introducing larger block sizes and smart contract functionalities.

01/08/2017: Bitcoin Cash Hard Fork

Bitcoin Cash (BCH) splits from Bitcoin (BTC) due to a contentious hard fork, increasing the block size to 8MB.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

03/01/2009: First Bitcoin Block Mined

The Genesis Block, also known as Block 0, is mined, marking the birth of Bitcoin network.

31/10/2008: Bitcoin Whitepaper Released

Satoshi Nakamoto publishes Bitcoin whitepaper, laying the foundation for peer-to-peer electronic cash system.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.