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The new currency would have parity with the "old" cruzeiro at a rate of 1000 cruzeiros = 1 cruzeiro novo. Banknotes in the values of 10, 50, 100, 500, 1000, 5000 and 10000 old cruzeiros received stamps with the values of 1, 5, 10, 50 Centavos, 1, 5 and 10 Cruzeiros Novos respectively.
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 Cruzado Novo was the short-lived currency of Brazil between 15 January 1989 and 15 March 1990. ... Unlike the Cruzeiro Novo denomination of the late 1960s, it was ...
For example, a face value of 1 is missing from the cruzeiro novo (as its highest denomination of coin is NCr$0.50 because it's a transitory monetary standard between the cruzeiro issued between 1942 and 1967 and the cruzeiro issued after 1970) and from the old real and the cruzeiro real (as their lowest denomination of coin is 5 Rs and CR$5 ...
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 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.
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 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 ...