Catalog
200 Cruzados Novos
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Cruzado novo (1989-1990) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DO BRASIL 200 CASA DA MOEDA DO BRASIL REPÚBLICA I CENTENÁRIO DEUS SEJA LOUVADO MINISTRA DA ECONOMIA, FAZENDA E PLANEJAMENTO PRESIDENTE DO BANCO CENTRAL DO BRASIL 200 duzentos cruzados novos (Translation: Central Bank of Brazil 200 Brazilian Mint Republic 1st Centenary God be praised Minister of Economy, Finance and Planning President of the Brazilian Central Bank Two Hundred Cruzados Novos) |
| Reverse description | Log in to see details |
| Reverse lettering | 200 `PÁTRIA` ÓLEO DE PEDRO BRUNO (DETALHE) 200 DUZENTOS CRUZADOS NOVOS (Translation: 200 `PÁTRIA` (Homeland) Oil by Pedro Bruno (detail) Two Hundred Cruzados Novos) |
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| Comments |
The cruzado novo lasted barely two years. Introduced in January 1989 as part of the Plano Verão — the Sarney government's third failed attempt to arrest hyperinflation — it replaced the cruzado at par before being itself replaced by the cruzeiro in March 1990. By that point, monthly inflation had exceeded 80%. Notes of this series were issued and spent so rapidly that high-denomination values in any clean state are harder to find than the raw scarcity figures suggest; purchasing power eroded faster than the paper could circulate normally.