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The cruzeiro, initially denominated cruzeiro novo (lit. ' new cruzeiro '), was the currency of Brazil between 1967 and 1986.It is the second of the 3 historical Brazilian currencies called "cruzeiro".
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.
The name cruzeiro was later reused for two other currencies, which were official in 1970–1986 (initially denominated as the cruzeiro novo to avoid confusion between new and old currency) and 1990–1993. The cruzeiro was divided into 100 centavos, a convention that persisted through all subsequent Brazilian currencies, but in the first ...
The Cruzado Novo was the short-lived currency of Brazil between 15 January 1989 and 15 March 1990. It replaced the cruzado in the rate of 1000 cruzados = 1 cruzado novo. It had the symbol N C z S ‖ {\displaystyle \mathrm {NCzS} \!\!\!\Vert } and the ISO 4217 code BRN .
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 1000 ...
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.
The cruzeiro novo from 1967 to 1970, at 1 cruzeiro novo = 1,000 first cruzeiros. From 1970 it was simply called the (second) cruzeiro and was used until 1986. The cruzado from 1986 to 1989, at 1 cruzado = 1,000 second cruzeiros. The cruzado novo from 1989 to 1990, at 1 cruzado novo = 1,000 cruzados.
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.