Brazilian cruzado

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Brazilian 10000 cruzados obverse.jpg
A 10,000 cruzado banknote featuring Carlos Chagas
ISO 4217
 Freq. used10, 50, 100, 500, 1000, 5000 and 10,000 cruzados
 Freq. used1, 5 and 10 cruzados
 Rarely used1, 5, 10, 20 and 50 centavos
ReplacedCruzeiro (2nd version)
Replaced byCruzado novo
User(s) Brazil
Central bankCentral Bank of Brazil
PrinterCasa da Moeda do Brasil
MintCasa da Moeda do Brasil
Inflation3.8 %
This infobox shows the latest status before this currency was rendered obsolete.

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 and the ISO 4217 code BRC.



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.

Coins of the Cruzado
Reverse Obverse Value
0,01-cruzado-1986-reverso.png 0,01-cruzado-1986-anverso.png Cz$0.01
0,05-cruzado-1988-reverso.png 0,05-cruzado-1988-anverso.png Cz$0.05
0,10-cruzado-1987-reverso.png 0,10-cruzado-1987-anverso.png Cz$0.10
0,20-cruzado-1987-reverso.png 0,20-cruzado-1987-anverso.png Cz$0.20
0,50-cruzado-1987-reverso.png 0,50-cruzado-1987-anverso.png Cz$0.50
1 Cruzado BRC de 1988.png 1 Cruzado BRC de 1988 (verso).png Cz$1
5-cruzado-1986-reverso.png 5-cruzado-1986-anverso.png Cz$5
10 Cruzados BRC de 1988.png 10 Cruzados BRC de 1988 (verso).png Cz$10


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.

Commemorative coins of the Cruzado
Reverse Obverse Value Details
(missing photo) (missing photo) Cz$100 Design portraying a man, with the word "Axé" and the words "Centenário da Abolição" ("100th anniversary of the abolition"). The years 1888 and 1988 are also inscribed.
(missing photo) (missing photo) Cz$100 Design portraying a woman, with the word "Axé" and the words "Centenário da Abolição". The years 1888 and 1988 are also inscribed.
100-cruzados-criança-1988-reverso.png 100-cruzados-criança-1988-anverso.png Cz$100 Design portraying a child, with the word "Axé" and the words "Centenário da Abolição". The years 1888 and 1988 are also inscribed.


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.


  • Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
  • Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.

External links[edit]

Brazilian cruzado
Preceded by:
Reason: inflation
Ratio: 1 cruzado = 1000 cruzeiros
Currency of Brazil
28 February 1986 – 15 January 1989
Succeeded by:
Cruzado novo
Reason: inflation
Ratio: 1 cruzado novo = 1000 cruzados