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5000 Cruzados
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | Casa da Moeda do Brasil, Brazil |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 5000 BANCO CENTRAL DO BRASIL CASA DA MOEDA DO BRASIL PRESIDENTE DO CONSELHO MONETÁRIO NACIONAL PRESIDENTE DO BANCO CENTRAL DO BRASIL DEUS SEJA LOUVADO CÂNDIDO PORTINARI 5000 CINCO MIL CRUZADOS (Translation: 5000 Central Bank of Brazil Brazilian Mint President of the National Monetary Council President of the Central Bank of Brazil God be praised Cândido Portinari 5000 Five Thousand Cruzados) |
| Reverse description | Log in to see details |
| Reverse lettering | 5000 5000 CINCO MIL CRUZADOS (Translation: 5000 5000 Five Thousand Cruzados) |
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| Comments |
The 5000 Cruzados note arrived during one of the most turbulent monetary episodes in Brazilian history. The Cruzado itself had been introduced in 1986 as part of the Plano Cruzado, a heterodox stabilization program that froze prices and briefly made the government wildly popular — before collapsing spectacularly under suppressed inflation that had been accumulating for months. By 1988, the denomination structure was already racing to keep up with prices that the plan had failed to contain.
Within two years this note was effectively obsolete, superseded first by the Cruzado Novo in 1989 and then by further currency replacements through the early 1990s.