Brazilian cruzado

{{Short description|Brazilian currency from 1986 to 1989}} {{Redirect|Cruzado|other uses|Cruzado (disambiguation)}} {{Infobox currency | currency_name = Cruzado | image_1 = Brazilian 10000 cruzados obverse.jpg | image_title_1 = A 10,000 cruzado banknote featuring Carlos Chagas | iso_code = BRC | using_countries = {{flag|Brazil}} | inflation_rate = 3.8% | inflation_source_date = | subunit_ratio_1 = {{frac|1|100}} | subunit_name_1 = centavo | symbol = Cz$ | plural = cruzados | frequently_used_coins = 1, 5 and 10 cruzados | rarely_used_coins = 1, 5, 10, 20 and 50 centavos | frequently_used_banknotes = 10, 50, 100, 500, 1000, 5000 and 10,000 cruzados | replaced_currency = Cruzeiro (2nd version) | replaced_by_currency = Cruzado novo | issuing_authority = Central Bank of Brazil | issuing_authority_website = {{URL|www.bc.gov.br}} | printer = Casa da Moeda do Brasil | printer_website = {{URL|www.casadamoeda.gov.br}} | mint = Casa da Moeda do Brasil | mint_website = {{URL|www.casadamoeda.gov.br}} | obsolete = yes }}

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.

This currency was subdivided in 100 centavos and it had the symbol <math>\mathrm{CzS}\!\!\!\Vert</math> and the ISO 4217 code ''BRC''.

== Coins ==

=== Standard === Stainless-steel coins were introduced in 1986 in denominations of 1, 5, 10, 20 and 50 centavos, and 1 and 5 cruzados, with 10 cruzados following in 1987. Coin production ceased in 1988.

{| class="wikitable" |+ Coins of the Cruzado ! Reverse !! Obverse !! Value |- | 100px || 100px || Cz$0.01 |- | 100px || 100px || Cz$0.05 |- | 100px || 100px || Cz$0.10 |- | 100px || 100px || Cz$0.20 |- | 100px || 100px || Cz$0.50 |- | 100px || 100px || Cz$1 |- | 100px || 100px || Cz$5 |- | 100px || 100px || Cz$10 |}

=== Commemorative === Three designs of commemorative 100 cruzado coins, celebrating the 100th anniversary of the abolition of slavery in the country (the Lei Áurea), were produced in 1988. Although very rare in circulation, the numbers' design was carried over into both Cruzado Novo and the third Cruzeiro.

{| class="wikitable" |+ Commemorative coins of the Cruzado ! Reverse !! Obverse !! Value !! Details |- |rowspan="3"|100px || 100px |rowspan="3"| Cz$100 |rowspan="3"| Design portraying either a child, a man, or a woman, with the word "Axé" and the words "Centenário da Abolição" ("100th anniversary of the abolition"). The years 1888 and 1988 are also inscribed. |- | 100px |- | 100px |}

== Banknotes == {{Main|Banknotes of the Brazilian cruzado}}

The first banknotes were overprints on cruzeiro notes, in denominations of 10, 50 and 100 cruzados. Regular notes followed in denominations of 10, 50, 100 and 500 cruzados, followed by 1000 cruzados in 1987, 5000 and 10,000 cruzados in 1988. {| class="wikitable" |+ !denomination: !obverse: !reverse: |- |Cz$10 |frameless|286x286px |frameless|280x280px |- |Cz$50 |frameless|282x282px |frameless|279x279px |- |Cz$100 |frameless|279x279px |frameless|279x279px |- |Cz$500 |frameless|272x272px |frameless|271x271px |- |Cz$1000 |frameless|262x262px |frameless|268x268px |- |Cz$5000 |frameless|263x263px |thumb|263x263px |- |Cz$10000 |frameless|262x262px |thumb|262x262px |}

== References == {{refbegin}} * {{numis cite SCWC|date=1991}} * {{numis cite SCWPM|date=1994}} {{refend}}

{{n-start|title=Brazilian cruzado}} {{n-before|currency=Cruzeiro|reason=inflation|ratio=1 cruzado = 1000 cruzeiros}} {{n-currency|location=Brazil|start=28 February 1986|end=15 January 1989}} {{n-after|currency=Cruzado novo|reason=inflation|ratio=1 cruzado novo = 1000 cruzados}} {{n-end}}

Cruzado Category:1986 establishments in Brazil Category:1989 disestablishments in Brazil Category:1980s in economic history Category:20th century in Brazil