Brazilian cruzado

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Two different currencies called the cruzado circulated in Brazil between 1986 and 1990. Both were subdivided into 100 centavos.

Contents 1 Cruzado, 1986-1989 1.1 Coins 1.2 Banknotes 2 Cruzado Novo, 1989-1990 2.1 Coins 2.2 Banknotes 3 References 4 External links

[edit] Cruzado, 1986-1989

The cruzado replaced the second cruzeiro (at first called the "cruzeiro novo") in 1986, at a rate of 1 cruzado = 1000 cruzeiros (novos). It had the symbol and the ISO 4217 code BRC.

[edit] Coins

5 Cruzados coin (1987)
Obverse	Reverse

Stainless-steel coins were introduced in 1986 in denominations of 10, 20 and 50 centavos, 1 and 5 cruzados, with 10 cruzados following in 1987. Coin production ceased in 1988.

100 cruzados coins commemorating the centenary of the abolition of slavery (the Lei Áurea) were produced in 1988. Although rare in circulation, the designs were carried over into the series issued between 1989 and 1991.

[edit] Banknotes

The first banknotes were overprints on cruzeiro notes, in denominations of 10, 50 and 100 cruzados. Regular notes followed later that year in denominations of 10, 50, 100 and 500 cruzados, with 1000 and 5000 cruzados introduced in 1988 and 10,000 cruzados in 1989.

[edit] Cruzado Novo, 1989-1990

In 1989, the cruzado was replaced by the cruzado novo, with 1000 old cruzados = 1 cruzado novo. It had the symbol and the ISO 4217 code BRN. In 1990, the cruzado novo was renamed the (third) cruzeiro.

[edit] Coins

Stainless-steel coins were issued in denominations of 1, 5, 10 and 50 centavos.

[edit] Banknotes

The first banknotes were overprints on cruzado notes, in denominations of 1, 5 and 10 cruzados novos. Regular notes followed the same year in denominations of 50, 100 and 200 cruzados novos, with 500 cruzados novos note following in 1989. These banknotes were overprinted with the new name of the currency in 1990.

[edit] References

[edit] External links

• Don's World Coin Gallery - Brazil
• Ron Wise's World Paper Money - Brazil ^{Mirror site}
• The Global History of Currencies - Brazil
• Global Financial Data data series - Brazil cruzado
• Global Financial Data currency histories table ( Microsoft Excel format)

v • d • e Historical currencies of Brazil      Real (Réis) Rs [—] 1690–1942 Cruzeiro Cr [BRZ] 1942–1967 Cruzeiro (novo) Cr$ [BRB] 1967–1986 Cruzado Cz [BRC] 1986–1989 Cruzado novo Cz$ [BRN] 1989–1990 Cruzeiro Cz$ [BRE] 1990–1993 Cruzeiro real CR$ [BRR] 1993–1994 Real R$ [BRL] 1994–present