Historic Iranian Rial Bitcoin

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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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).

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.