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200 Cruzados Novos

Issuer Banco Central do Brasil
Year 1989
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Size 140 × 65 mm
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Reverse description A detail of the oil painting Pátria (Homeland) by Brazilian painter Pedro Bruno (1888–1949), in which the Brazilian flag is shown being embroidered within a domestic family scene. The composition conveys patriotic sentiment through a figurative, academic painting style reproduced in full colour across the note.
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Protection description Effigy of the Republic
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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.

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