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50 Cruzados overprinted on P# 204

Issuer Banco Central do Brasil
Year 1986
Type Standard circulation banknote
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Obverse description Central vignette presents a portrait of Oswaldo Gonçalves Cruz (1872–1917), the renowned Brazilian physician and epidemiologist, with a microscope at left. A circular overprint stamp reading '50 CRUZADOS' is applied over the original '50 000 CRUZEIROS' face value, reflecting the 1986 monetary reform. Inscriptions include the issuing authority, denominations in both old and new currency, and facsimile signatures of the President of the National Monetary Council and the President of the Banco Central do Brasil.
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Reverse lettering 50 000 INSTITUTO OSWALDO CRUZ 50 000 CINQÜENTA MIL CRUZEIROS
(Translation: 50 000 Oswaldo Cruz Institute 50 000 Fifty Thousand Cruzeiros)
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Protection description Watermark portrait of Oswaldo Cruz, visible against light in the unprinted area of the note.
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