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.
17/10/2019: Protests against economic crisis
Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.
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.
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.
03/11/1997: Revaluation of the Lebanese pound
The Lebanese pound was revalued at a rate of 1,500 LBP = 1 USD, ending the fixed exchange rate with the US dollar.
01/01/1986: Introduction of the parallel exchange market
The parallel exchange market was introduced in Lebanon, leading to a diverging exchange rate between the official and unofficial markets.
01/01/1976: Lebanese Civil War
The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.
01/01/1961: Pegged to the US dollar
The Lebanese pound was pegged to the US dollar at an exchange rate of 1 LBP = 1.5 USD.
27/11/1941: Devaluation of the Lebanese pound
The Lebanese pound was devalued by 41.9% following the breakup of the French franc.
01/10/1920: Lebanese pound introduced
The Lebanese pound was introduced at a fixed exchange rate of 1 pound = 20 French francs during the French mandate period.