Plural cruzeiros reais | ||
Freq. used 50, 100, 500, 1000, 5000 and 50,000 cruzeiros reais Freq. used 5, 10, 50, 100 cruzeiros reais | ||
The cruzeiro real (
Contents
The cruzeiro real was replaced with the current Brazilian real as part of the Plano Real.
History
The cruzeiro real replaced the third cruzeiro, with 1000 cruzeiros = 1 cruzeiro real. The cruzeiro real was replaced in circulation by the real at a rate of 1 real for 2750 cruzeiros reais. Before this occurred, the unidade real de valor (pegged to the U.S. dollar at parity) was used in pricing, to allow the population to become accustomed to a stable currency (after many years of high inflation) before the real was introduced.
Coins
Stainless-steel coins were issued in 1993 and 1994 in denominations of 5, 10, 50 and 100 cruzeiros reais.