Catalog
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| Issuer | Brazil |
|---|---|
| Year | 1987-1988 |
| Type | Log in to see details |
| Value | 10 Cruzados (10 BRC) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | REPUBLICA FEDERATIVA DO BRASIL 15 de Novembro de 1889 (Translation: Federative Republic of Brazil November 15, 1889) |
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| Edge | Plain |
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| Additional information |
The cruzado was introduced in February 1986 as the centerpiece of the Plano Cruzado, an economic stabilization program that froze prices and replaced the cruzeiro at a rate of 1,000 to one. Within a year, suppressed inflation had returned with a vengeance. By late 1987, the government was issuing 10-cruzado coins to handle denominations that had become impractical in smaller units — a denomination that would itself be obsolete within two years when the cruzado novo superseded the entire currency in January 1989.