A 5000 cruzado banknote overstamped as 5 cruzados novos
A 200 cruzados novos banknote overstamped as 200 cruzeiros
ISO 4217
Code
BRN
Unit
Plural
cruzados novos
Symbol
NCz$
Denominations
Subunit
1⁄100
centavo
Banknotes
50, 100, 200, 500 cruzados novos
Coins
1, 5, 10, 20, 50 centavos 1 cruzado novo
Demographics
Replaced
Cruzado
Replaced by
Cruzeiro (3rd version)
User(s)
Brazil
Issuance
Central bank
Central Bank of Brazil
Website
www.bc.gov.br
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 and the ISO 4217 code BRN. In 1990, the cruzado novo was renamed the (third) cruzeiro. This currency was subdivided in 100 centavos.
The redenomination was the result of Plano Verão, which would become one of several heterodox plans in an attempt to stabilize the currency, and the path of redenomination was used to try to circumvent possible legal challenges due to rights established in the currency at that time, as happened in the Bresser Plan.
The method of monetary redenomination would be used again in 1990, when Fernando Collor de Mello assumed the presidency, and this redenomination to cruzeiro was on par with this currency then in circulation, despite the even darker effects of such an economic plan.
Unlike the Cruzeiro Novo denomination of the late 1960s, it was not a transitional pattern between two currency denominations of the same name. Banknotes and coins with that denomination were released in 1989 and 1990.
and 22 Related for: Brazilian cruzado novo information
CruzadoNovo 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 =...
at a rate of 1 cruzado = 1000 cruzeiros (novos) and was replaced in 1989 by the cruzadonovo at a rate of 1000 cruzados = 1 cruzadonovo. This currency...
values at the time due to inflation. Braziliancruzado (1986–1989) Braziliancruzadonovo (1989–1990) O Cruzeiro (Brazilian weekly, 1928–1975) This article...
1986. The cruzado from 1986 to 1989, at 1 cruzado = 1,000 second cruzeiros. The cruzadonovo from 1989 to 1990, at 1 cruzadonovo = 1,000 cruzados. From 1990...
cruzeiro novo was still legal tender for 2 years after the second cruzeiro was introduced. Not considering inflation, one modern Brazilian real is equivalent...
NCZ can refer to: Braziliancruzadonovo, the currency of Brazil from 1986 to 1989 (symbol: NCz or NCz$) Natchez language, an indigenous language spoken...
February 28, 1986: Plano Cruzado (president: José Sarney, finance minister: Dilson Funaro) November 21, 1986: Plano Cruzado II (president: José Sarney...
more price and wage freezes and the introduction of a new currency (the cruzadonovo). The plan proposed the retrenching of 90,000 government employees and...
"oldest political party in Brazil" with the Brazilian Communist Party (PCB). The predecessor of both parties was the Brazilian Section of the Communist...
200". Correio Braziliense (in Brazilian Portuguese). Retrieved 1 February 2021. 50,000 Cruzeiro real banknote Brazilian Central Bank Museum, accessed...
Congress of Brazil approves the Cruzado Plan, also known as the Economic Stabilization Plan. June 30: Xou da Xuxa begins on TV Globo. July 29: Brazilian President...
history of Brazil covers various economic events and traces the changes in the Brazilian economy over the course of the history of Brazil. Portugal, which...
Brazil Union, PTB, Progressistas, PSC, PRTB and Republicanos. The only party that claims to be purely liberal, without further consideration, is Novo...
Caminhos Cruzados. Migração e construção do Brasil Moderno (1930-1950). Bauru: EDUSC. "Brasileiros na Hospedaria: A Lei de Cotas e a Lei dos 2/3 - novo projeto...
cultural symbol in Brazil, where his widely influential poem "Canção Amiga" ("Friendly Song") has been featured on the 50-cruzadonovo bill. Drummond was...
the city, which had to pay a valuable ransom for its freedom: 610,000 cruzados in currency, 100 boxes of sugar and 200 head of cattle. On January 16,...
intended policies included: Replacement of the existing currency, the CruzadoNovo by the Cruzeiro at a parity exchange rate (Cr$1.00 = NCz$1.00), Freezing...
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