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The cruzeiro real (‖, plural: cruzeiros reais) was the short-lived currency of Brazil between August 1, 1993, and June 30, 1994. It was subdivided in 100 centavos; however, this subunit was used only for accounting purposes, and coins and banknotes worth 10 to 500 of the preceding cruzeiro remained valid and were used for the purpose of corresponding to centavos of the cruzeiro real ...
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.
For example, the cruzeiro novo was still legal tender for 2 years after the second cruzeiro was introduced. Not considering inflation , one modern Brazilian real is equivalent to 2,750,000,000,000,000,000 times the old real, that is, 2.75 × 10 18 (2.75 quintillion ) réis.
However, in March 1990, before the coin was released to the public, the country's currency changed to the Cruzeiro (3rd iteration), so that design never circulated. [1] There are 41 specimens in the Central Bank of Brazil 's internal storage, of which there are forty 1990 issues, and a single 1989 issue, the only known specimen of that year. [ 2 ]
Brazilian cruzeiro refers to any of four distinct Brazilian currencies: . Brazilian cruzeiro (1942–1967), worth 1000 Brazilian réis. Brazilian cruzeiro (1967–1986), denominated cruzeiro novo between 1967 and 1970 in the transition from the previous standard banknotes to the new banknotes issued by Casa da Moeda do Brasil to avoid confusion between the old and the new currency, worth 1.000 ...
The cruzeiro was the currency of Brazil between 1990 and 1993. It was the third iteration of a Brazilian currency named "cruzeiro", and replaced the cruzado novo at par. It was used until 1993, when it was replaced by the cruzeiro real at a rate of 1 cruzeiro real = 1000 cruzeiros.
Português: Anverso de uma nota de 100,000 cruzeiros brasileira com overstamp redondo de valor de 100 cruzados. A cédula com efigie de Juscelino Kubitschek 21° presidente do Brasil, iniciador da construção de uma nova capital em Brasilia em apenas 41 mesas.
New cruzeiro banknotes were printed starting in 1943. Rs 20$000 banknote overstamped "20 cruzeiros" near the upper left corner. By 1967 devaluation of the cruzeiro had rendered prices unwieldy, so on 13 February 1967 the military government decreed its replacement by a new currency, the cruzeiro novo (NCr$), at a rate of NCr$1 = Cr$1,000.