Since 1985, the prize is awarded every three years to people who have done exceptional work in promoting religious harmony around the world.
The first Augsburg Peace Festival is observed on August 8, 1650, marking the end of religious turmoil in the region.
The treaty reinstated the Augsburg Declaration of Religious Freedom, which allowed Protestants to practice their faith.
On August 8, 1629, Protestants start agitating against the Catholic Church for banning their religious freedom.