Established by the decree of the President of Azerbaijan from 2 December 2020, the holiday is celebrated on the day of the recapture of Shusha.

[6][7] Following the capture of Shusha, the second-largest settlement in Nagorno-Karabakh, a ceasefire agreement was signed between the President of Azerbaijan, Ilham Aliyev, the Prime Minister of Armenia, Nikol Pashinyan, and the President of Russia, Vladimir Putin, ending all hostilities in the area from 00:00, 10 November 2020 Moscow Time.

[8][9][10] Under the agreement, the warring sides will keep control of their currently held areas within Nagorno-Karabakh, while Armenia will return the surrounding territories it occupied in 1994 to Azerbaijan.

[11] Approximately 2,000 Russian soldiers were deployed as peacekeeping forces along the Lachin corridor between Armenia and Nagorno-Karabakh for a mandate of at least five years.

[15] On 8 December, It was announced that a new station of the Baku Metro's Purple Line (B3) will be named "November 8" at the suggestion of Aliyev.