Catalog
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| Issuer | Banco Central do Brasil |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#241 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse carries an intaglio vignette of a Gaucho wielding a lasso during the capture of cattle, rendered against a multicolour guilloche underprint. Along the lower margin, a horizontal band presents engraved depictions of traditional Gaucho implements including the boleadeira (weighted throwing rope), a cinch strap, guampa (drinking horn), and spurs. Denomination numerals flank the composition at left and right. |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
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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.