Catalog
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| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1993-1994 |
| Type | Log in to see details |
| Value | 10 Cruzeiros Reais (10 BRR) |
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| Composition | Log in to see details |
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|---|---|
| Obverse script | Latin |
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| Reverse lettering | TAMANDUÁ |
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| Additional information |
The Cruzeiro Real was an intermediate currency, introduced in August 1993 as Brazil's government scrambled to stabilize an economy where annual inflation had exceeded 2,000 percent. It lasted barely a year before being superseded by the Real in July 1994 — the cornerstone of the Plano Real, engineered largely by then-Finance Minister Fernando Henrique Cardoso. Coins denominated in Cruzeiros Reais had the shortest official circulation window of any Brazilian monetary series in the twentieth century.