Brazilian cruzado
The cruzado was the currency of Brazil from 1986 to 1989. It replaced the second cruzeiro (at first called the "cruzeiro novo") in 1986, at a rate of 1 cruzado = 1000 cruzeiros (novos) and was replaced in 1989 by the cruzado novo at a rate of 1000 cruzados = 1 cruzado novo.
 A 10,000 cruzado banknote featuring Carlos Chagas | |
| ISO 4217 | |
|---|---|
| Code | BRC |
| Unit | |
| Plural | cruzados |
| Symbol | Cz$ |
| Denominations | |
| Subunit | |
| 1⁄100 | centavo |
| Banknotes | |
| Freq. used | 10, 50, 100, 500, 1000, 5000 and 10,000 cruzados |
| Coins | |
| Freq. used | 1, 5 and 10 cruzados |
| Rarely used | 1, 5, 10, 20 and 50 centavos |
| Demographics | |
| Replaced | Cruzeiro (2nd version) |
| Replaced by | Cruzado novo |
| User(s) |  Brazil |
| Issuance | |
| Central bank | Central Bank of Brazil |
| Website | www |
| Printer | Casa da Moeda do Brasil |
| Website | www |
| Mint | Casa da Moeda do Brasil |
| Website | www |
| Valuation | |
| Inflation | 3.8% |
| This infobox shows the latest status before this currency was rendered obsolete. | |
This currency was subdivided in 100 centavos and it had the symbol and the ISO 4217 code BRC.
Coins
Standard
Stainless-steel coins were introduced in 1986 in denominations of 1, 5, 10, 20 and 50 centavos, and 1 and 5 cruzados, with 10 cruzados following in 1987. Coin production ceased in 1988.
| Reverse | Obverse | Value |
|---|---|---|
 |  | Cz$0.01 |
 |  | Cz$0.05 |
 |  | Cz$0.10 |
 |  | Cz$0.20 |
 |  | Cz$0.50 |
 | .png.webp) | Cz$1 |
 |  | Cz$5 |
 | .png.webp) | Cz$10 |
Commemorative
Three designs of commemorative 100 cruzado coins, celebrating the 100th anniversary of the abolition of slavery in the country (the Lei Áurea), were produced in 1988. Although very rare in circulation, the numbers' design was carried over into both Cruzado Novo and the third Cruzeiro.
| Reverse | Obverse | Value | Details |
|---|---|---|---|
 |  | Cz$100 | Design portraying a man, with the word "Axé" and the words "Centenário da Abolição" ("100th anniversary of the abolition"). The years 1888 and 1988 are also inscribed. |
Banknotes
The first banknotes were overprints on cruzeiro notes, in denominations of 10, 50 and 100 cruzados. Regular notes followed in denominations of 10, 50, 100 and 500 cruzados, followed by 1000 cruzados in 1987, 5000 and 10,000 cruzados in 1988.
References
- Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
| Preceded by: Cruzeiro Reason: inflation Ratio: 1 cruzado = 1000 cruzeiros |
Currency of Brazil 28 February 1986 – 15 January 1989 |
Succeeded by: Cruzado novo Reason: inflation Ratio: 1 cruzado novo = 1000 cruzados |
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