Brazilian cruzado novo

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Brazilian cruzado novo
cruzado novo brasileiro  (Portuguese)
Billetemachadodeassis.JPG
1000 Cruzado banknote overprinted as 1 Cruzado Novo
ISO 4217 code BRN
Central bank Central Bank of Brazil
 Website www.bc.gov.br
User(s)  Brazil
Subunit
 1/100 centavo
Symbol NCz$
Plural cruzados novos
Coins
 Rarely used 1, 5, 10, 20, 50 centavos
Banknotes
 Freq. used 50, 100, 200, 500 cruzados novos
Printer Casa da Moeda do Brasil
 Website www.casadamoeda.com.br
Mint Casa da Moeda do Brasil
 Website www.casadamoeda.com.br

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 \mathrm{NCzS}\!\!\!\Vert and the ISO 4217 code BRN. In 1990, the cruzado novo was renamed the (third) cruzeiro. This currency was subdivided in 100 centavos.

Coins[edit]

Stainless-steel coins were issued in denominations of 1, 5, 10 and 50 centavos and 1 cruzado novo.

Banknotes[edit]

The first banknotes were overprints on cruzado notes, in denominations of 1, 5 and 10 cruzados novos. Regular notes followed of the same year in denominations of 50, 100 and 200 cruzados novos, with the 500 cruzado novo note following in 1990. These banknotes were overprinted with the new name of the currency in 1990. In 1992, the 50 and 100 cruzado novo banknotes were withdrawn. The higher denominations were withdrawn in 1994.