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200 Cruzeiros

Issuer Banco Central do Brasil
Year 1985-1986
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Value 200 Cruzeiros (200 BRB)
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Obverse lettering REPUBLICA FEDERATIVA DO BRASIL 15 de Novembro de 1889
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Reverse script Latin
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Additional information

Brazil's mid-1980s coinage existed in a state of constant obsolescence. Inflation was running above 200% annually by 1985, and the cruzeiro denomination structure was collapsing so rapidly that the 200-cruzeiro coin — worth a meaningful sum just years earlier — had become effectively valueless before its own mintage run concluded. The Cruzado reform of February 1986 replaced the cruzeiro at a rate of 1,000:1, rendering this issue obsolete within months of its first striking.

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