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500 Cruzeiros
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1985-1986 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | 3.65 g |
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| Obverse description | Log in to see details |
|---|---|
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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 monetary situation was deteriorating rapidly by the time this coin entered circulation. The cruzeiro had been redenominated once already in 1967, and the 500-cruzeiro face value — which would have been an implausible denomination a decade earlier — reflected inflation running above 200% annually by 1985. The Cruzado reform of February 1986 rendered the entire cruzeiro series obsolete almost immediately, making the production window for this type exceptionally narrow.