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5000 Cruzeiros Reais
| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1993 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DO BRASIL 5000 CASA DA MOEDA DO BRASIL DEUS SEJA LOUVADO O Gaúcho MINISTRO DA FAZENDA PRESIDENTE DO BANCO CENTRAL DO BRASIL 5000 CINCO MIL CRUZEIROS REAIS (Translation: Central Bank of Brazil 5000 Brazilian Mint God be Praised The Gaucho Minister of Finance President of the Central Bank of Brazil 5000 Five Thousand Cruzeiros Reais) |
| Reverse description | Log in to see details |
| Reverse lettering | 5000 5000 CINCO MIL CRUZEIROS REAIS (Translation: 5000 Five Thousand Cruzeiros Reais) |
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| Comments |
The Cruzeiro Real was a transitional currency, introduced in August 1993 as Brazil lurched through one of the most sustained hyperinflationary episodes of the twentieth century. It replaced the Cruzeiro at 1:1,000 but lasted barely a year before being displaced by the Real in July 1994 — itself the product of the Plano Real, the stabilization program that finally broke the inflationary cycle that had been running since the mid-1980s. A 5,000-unit denomination becoming necessary within that single year tells you everything about the pace of monetary deterioration.
Casa da Moeda do Brasil handled all domestic production throughout the series. Watermark-only security on a note of this face value reflects how quickly denominations were outpacing infrastructure upgrades.