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Brazilian cruzado

From Wikipedia, the free encyclopedia
Brazilian currency from 1986 to 1989
"Cruzado" redirects here. For other uses, seeCruzado (disambiguation).
Cruzado
A 10,000 cruzado banknote featuringCarlos Chagas
ISO 4217
CodeBRC
Unit
Pluralcruzados
SymbolCz$
Denominations
Subunit
1100centavo
Banknotes
 Freq. used10, 50, 100, 500, 1000, 5000 and 10,000 cruzados
Coins
 Freq. used1, 5 and 10 cruzados
 Rarely used1, 5, 10, 20 and 50 centavos
Demographics
ReplacedCruzeiro (2nd version)
Replaced byCruzado novo
User(s) Brazil
Issuance
Central bankCentral Bank of Brazil
 Websitewww.bc.gov.br
PrinterCasa da Moeda do Brasil
 Websitewww.casadamoeda.gov.br
MintCasa da Moeda do Brasil
 Websitewww.casadamoeda.gov.br
Valuation
Inflation3.8%
This infobox shows the latest status before this currency was rendered obsolete.

Thecruzado was thecurrency ofBrazil from 1986 to 1989. It replaced the secondcruzeiro (at first called the "cruzeiro novo") in 1986, at a rate of 1 cruzado = 1000 cruzeiros (novos) and was replaced in 1989 by thecruzado novo at a rate of 1000 cruzados = 1 cruzado novo.

This currency was subdivided in 100 centavos and it had the symbolCzS{\displaystyle \mathrm {CzS} \!\!\!\Vert } and theISO 4217 codeBRC.

Coins

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Standard

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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.

Coins of the Cruzado
ReverseObverseValue
Cz$0.01
Cz$0.05
Cz$0.10
Cz$0.20
Cz$0.50
Cz$1
Cz$5
Cz$10

Commemorative

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Three designs of commemorative 100 cruzado coins, celebrating the 100th anniversary of the abolition ofslavery in the country (theLei Áurea), were produced in 1988. Although very rare in circulation, the numbers' design was carried over into bothCruzado Novo and the thirdCruzeiro.

Commemorative coins of the Cruzado
ReverseObverseValueDetails
Cz$100Design portraying either a child, a man, or a woman, with the word "Axé" and the words "Centenário da Abolição" ("100th anniversary of the abolition"). The years 1888 and 1988 are also inscribed.

Banknotes

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Main article:Banknotes of the Brazilian cruzado

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.

denomination:obverse:reverse:
Cz$10
Cz$50
Cz$100
Cz$500
Cz$1000
Cz$5000
Cz$10000

References

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Brazilian cruzado
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
Flag of Brazil Historicalcurrencies ofBrazil
Real
Rs$
1747–1942
Cruzeiro
Cr$
1942–1967
Cruzeiro novo
NCr$
1967–1970
Cruzeiro
Cr$[BRB]
1970–1986
Cruzado
Cz$[BRC]
1986–1989
Cruzado novo
NCz$[BRN]
1989–1990
Cruzeiro
Cr$[BRE]
1990–1993
Cruzeiro real
CR$[BRR]
1993–1994
Real
R$[BRL]
1994–present
Portals:


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