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1 Cruzeiro FAO

Issuer Banco Central do Brasil
Year 1985
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Value 1 Cruzeiro (1 BRB)
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Obverse lettering BRASIL ALIMENTOS PARA O MUNDO açucar
(Translation: Brazil Food for the World sugar)
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Edge Plain
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Additional information

Brazil's 1985 cruzeiro was already a dying denomination when this piece was struck. Inflation was running above 200% annually, and within months the entire cruzeiro system would be scrapped in favor of the cruzado at a 1,000-to-1 conversion rate — the Plano Cruzado of February 1986. This FAO issue was part of a global UN Food and Agriculture Organization program promoting agricultural self-sufficiency, though the irony of commemorating food security during one of Brazil's most destabilizing economic crises was apparently lost on the issuing authority.

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