Brazilian cruzado

"Cruzado" redirects here. For other uses, see Cruzado (disambiguation).

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.

Cruzado

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.bc.gov.br
Printer	Casa da Moeda do Brasil
Website	www.casadamoeda.gov.br
Mint	Casa da Moeda do Brasil
Website	www.casadamoeda.gov.br
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 ${\displaystyle \mathrm {CzS} \!\!\!\Vert }$ 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.

Coins of the Cruzado

Reverse	Obverse	Value
		Cz$0.01
		Cz$0.05
		Cz$0.10
		Cz$0.20
		Cz$0.50
		Cz$1
		Cz$5
		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.

Commemorative coins of the Cruzado

Reverse	Obverse	Value	Details
		Cz$100	Design 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

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

• Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
• Pick, Albert (1994). Bruce, Colin R. II; Shafer, Neil (eds.). Standard Catalog of World Paper Money: General Issues (7th ed.). Krause Publications. ISBN 0-87341-207-9.

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