Catalog
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| Issuer | Brazil |
|---|---|
| Year | 1980-1984 |
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| Composition | Log in to see details |
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| In circulation to | 27 February 1986 |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The denomination '5 CRUZEIROS' is displayed prominently in the central field, with the date below, all set against a background of finely engraved wavy horizontal lines. Coffee beans flank the date on either side, reinforcing the agricultural motif carried over from the obverse. The overall design is clean and utilitarian, consistent with the standard circulation coinage of the period. |
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| Reverse lettering | 5 CRUZEIROS 1980 |
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| Additional information |
Brazil's early 1980s cruzeiro coinage existed against the backdrop of one of the most destructive inflation cycles in modern economic history. By 1984, annual inflation was approaching 200%, and coins of this denomination were losing purchasing power faster than the mint could replace worn stock. The cruzeiro itself would be abolished in 1986 when the Sarney government introduced the cruzado, lopping three zeros off the currency in a stabilization attempt that lasted less than two years.
Stainless steel was adopted partly to deter the melting that plagued earlier issues in other metals.