Cruzado
The Cruzado (abbreviation: Cr ; currency symbol : Cz $; plural: "Cruzados") was the currency in Brazil from 1986 to 1989 . From 1989 to 1990 the currency was called Cruzado Novo .
Cruzado, 1986-1989
The Cruzado replaced the second Cruzeiro in 1986 in a ratio of 1 Cruzado = 1000 Cruzeiros. The ISO 4217 code was BRC. The cruzado was divided into 100 centavos.
Coins
Coins were minted at 1, 5, 10, 20 and 50 centavos as well as 1, 5 and 10 cruzados. There are also 100 cruzado commemorative coins for the centenary of the abolition of slavery (1888–1988). All coins are made of stainless steel .
Banknotes
The first cruzado banknotes were overprints on cruzeiro banknotes, with values of 10, 50 and 100 cruzados. The regular editions came in values of 10, 50, 100, 500, 1000, 5000 and 10,000 cruzados.
Cruzado Novo, 1989-1990
In 1989 the Cruzado was replaced by the Cruzado Novo, with a ratio of 1000 old Cruzados = 1 new Cruzado. Like its predecessor, it was divided into 100 centavos; its ISO 4217 code was BRN. In 1990 the Cruzado Novo was replaced in a ratio of 1: 1 by the third Cruzeiro .
Coins
The coins of the new Cruzado were also made of stainless steel and existed in denominations of 1, 5, 10, 20 and 50 centavos as well as 1 Novo Cruzado. For the 100th anniversary of the Brazilian Republic (1889–1989), a silver commemorative coin was minted for 200 Cruzados Novos.
Banknotes
First old Cruzado notes were overprinted with the values 1, 5 and 10 Cruzados Novos. Regular editions of 50, 100, 200 and 500 Cruzados Novos followed.