08/02/2021: Tesla's Bitcoin Investment
Tesla announced a $1.5 billion investment in Bitcoin and plans to accept it as a form of payment for its products.
31/12/2020: Digital Currency Pilot
Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.
11/05/2020: Third Bitcoin Halving
The block reward for miners was reduced from 12.5 BTC to 6.25 BTC, reducing the rate of new Bitcoin creation.
20/12/2017: Second Devaluation
The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.
17/12/2017: Bitcoin Price Peak
Bitcoin reached its all-time high price of nearly $20,000 per BTC during a speculative market frenzy.
01/08/2017: Bitcoin Cash Fork
Bitcoin underwent a hard fork leading to the creation of a new cryptocurrency called Bitcoin Cash (BCH).
20/12/2015: Devaluation
The manat was devalued by more than 30% against the US dollar in response to falling oil prices.
28/11/2013: All-Time High (ATH) Price
Bitcoin reached its first significant price milestone by surpassing $1,000 per BTC for the first time.
22/05/2010: Bitcoin Pizza Day
Laszlo Hanyecz made the first recorded real-world transaction using Bitcoin, buying two pizzas for 10,000 BTC.
03/01/2009: Bitcoin Genesis Block
The first block of the Bitcoin blockchain, also known as the Genesis Block, was mined by Satoshi Nakamoto.
20/02/2005: Pegged to US Dollar
The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.
14/06/2001: Currency Reform
A currency reform was implemented, resulting in a new manat with a higher exchange rate.
31/12/1993: Hyperinflation
Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.
14/08/1992: Introduction of Manat
The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.