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.
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.
11/02/2020: Currency Devaluation
The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.
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).
13/10/2016: Central Bank Relocation
The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.
16/09/2015: Houthi Takeover and Currency Instability
Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.
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.
27/09/2009: Government Decision
The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.
03/01/2009: Bitcoin Genesis Block
The first block of the Bitcoin blockchain, also known as the Genesis Block, was mined by Satoshi Nakamoto.
04/05/1994: Civil War and Currency Devaluation
During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.
22/05/1990: Yemeni Unification
The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).
26/08/1948: Currency Introduction
The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.