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50 Cruzeiros Reais overprinted on P# 234
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1993 |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | BANCO CENTRAL DO BRASIL 50 000 CASA DA MOEDA DO BRASIL 50 CRUZEIROS REAIS DEUS SEJA LOUVADO CÂMARA CASCUDO MINISTRO DA ECONOMIA, FAZENDA E PLANEJAMENTO PRESIDENTE DO BANCO CENTRAL DO BRASIL 50 000 CINQÜENTA MIL CRUZEIROS (Translation: Central Bank of Brazil 50 000 Brazilian Mint 50 Cruzeiros Reais God Be Praised Câmara Cascudo Minister of Economy, Finance and Planning President of the Central Bank of Brazil Fifty Thousand Cruzeiros) |
| Reverse description | An intaglio-printed vignette illustrates the Bumba-Meu-Boi, a traditional Brazilian folkloric pageant, with costumed figures including a caped dancer at left and a rider at right, flanking a stylised bull's head at centre. Denomination numerals '50 000' appear at upper right and lower left, with the inscription 'CINQÜENTA MIL CRUZEIROS' along the bottom. A guilloche underprint in light tones fills the background. |
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| Comments |
Brazil's monetary instability in the early 1990s was severe enough that the government couldn't wait for newly designed notes to reach circulation. The Cruzeiro Real, introduced in August 1993 as a transitional currency ahead of the Real Plan, was launched in part using overprinted stock from the existing Cruzeiro series — P#234 plates repurposed rather than reprinted. The overprint was applied domestically by Casa da Moeda in Rio de Janeiro, making this a fully Brazilian production at every stage.
The Cruzeiro Real itself lasted less than a year before being replaced by the Real in July 1994.