Brazilian cruzeiro (1990–1993)
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Cruzeiro | |
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ISO 4217 | |
Code | BRE |
Denominations | |
Subunit | |
1⁄100 | centavo |
Plural | cruzeiros |
centavo | centavos |
Symbol | Cr$ |
Banknotes | 50, 100, 200, 500, 1,000, 5,000, 10,000, 50,000 100,000 and 500,000 cruzeiros |
Coins | 1, 5, 10, 50, 100, 500, 1,000 and 5,000 cruzeiros |
Demographics | |
Date of introduction | 16 March 1990 |
Source | [1] |
Replaced | Cruzado novo |
Date of withdrawal | 31 July 1993 |
Source | [2] |
Replaced by | Cruzeiro real |
User(s) | Brazil |
This infobox shows the latest status before this currency was rendered obsolete. |
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.
History[]
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Coins[]
The 1, 5, 10 and 50 centavo coins issued in 1989 for use with the previous currency continued in use after the introduction of the cruzeiro. In 1990, stainless-steel 1, 5, 10 and 50 cruzeiro coins were introduced, followed by smaller 100, 500, 1000 and 5000 cruzeiros in 1992.
Reverse | Obverse | Value | Minting period | Obverse description |
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Cr$1 | 1990 | Portrays a section of the rhombus from the flag of Brazil | ||
Cr$5 | 1990–1992 | Portrays a salt evaporation pond worker | ||
Cr$10 | Portrays a rubber tapper and a factory plant | |||
Cr$50 | Portrays a woman selling goods in a street market | |||
Cr$100 | 1992–1993 | Portrays a manatee, and its Portuguese name in the lettering "Peixe-boi" | ||
Cr$500 | Portrays a sea turtle, and its Portuguese name in the lettering "Tartaruga Marinha" | |||
Cr$1000 | Portrays angelfish, and their Portuguese name in the lettering "Acará" |
The cruzeiro only had one circulating commemorative coin, celebrating the 200th anniversary of Tiradentes's death (1792–1992).
Circulating commemorative coins of the Cruzeiro (1990–1993) | ||||
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Reverse | Obverse | Value | Minting period | Description |
Cr$5000 | 1992 | Portrays the bust of Tiradentes, and the lettering "Liberdade" (Liberty), "Cidadania" (Citizenship) and "Tiradentes" |
Additionally, the cruzeiro also had two distinct non-circulating silver commemorative coins.
Non-circulating commemorative coins of the Cruzeiro (1990–1993) | ||||
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Reverse | Obverse | Value | Minting period | Description |
(missing photo) | (missing photo) | Cr$500 | 1991 | Commemorates the 500th anniversary (1492–1992) of the discovery of the Americas by the Europeans |
(missing photo) | (missing photo) | Cr$2000 | 1992 | Commemorates the UN Conference on Environment and Development, held in Rio de Janeiro in 1992 |
Banknotes[]
The first banknotes were overprints on cruzado novo notes, in denominations of 50, 100, 200 and 500 cruzeiros. In 1990, regular notes in values of 100, 200, 500, 1000 and 5000 cruzeiros were introduced, followed by 10,000 and 50,000 cruzeiros in 1991, 100,000 cruzeiros in 1992 and 500,000 cruzeiros in 1993. In 1992, the 50 and 100 cruzeiro banknotes were withdrawn and the higher denominations were withdrawn in 1994.
A NCz$200 note overstamped as Cr$200
Preceded by: Cruzado novo Reason: currency renaming Ratio: at par |
Currency of Brazil 16 March 1990 – 31 July 1993 |
Succeeded by: Cruzeiro real Reason: inflation Ratio: 1 cruzeiro real = 1000 cruzeiros |
References[]
- ^ "Medida Provisória Nº 168" (in Portuguese). Câmara dos Deputados. 15 March 1990. Retrieved 5 July 2021.
- ^ "Medida Provisória Nº 336" (in Portuguese). . 28 July 1993. Retrieved 5 July 2021.
Bibliography[]
- "O que foi o Plano Collor" [What the Collor Plan was]. Folha de S.Paulo (in Portuguese). São Paulo. 16 March 2005. Retrieved 5 July 2021.
- ISO 4217
- Historical currencies of Brazil
- 20th century in Brazil
- 1990s in Brazil
- Currencies introduced in 1990