Brazilian cruzado novo

Brazilian cruzado novo
	cruzado novo brasileiro (Portuguese)
	A 5000 cruzado banknote overstamped as a 5 cruzados novos banknote
ISO 4217
Code	BRN
Denominations
Subunit
1⁄100	centavo
Plural	cruzados novos
Symbol	NCz$
Banknotes
Freq. used	50, 100, 200, 500 cruzados novos
Coins
Rarely used	1, 5, 10, 20, 50 centavos; 1 cruzado novo
Demographics
Replaced	Cruzado
Replaced by	Cruzeiro (3rd version)
User(s)	Brazil
Issuance
Central bank	Central Bank of Brazil
Website	www.bc.gov.br
Printer	Casa da Moeda do Brasil
Website	www.casadamoeda.com.br
Mint	Casa da Moeda do Brasil
Website	www.casadamoeda.com.br

The Cruzado Novo was the short-lived currency of Brazil between 15 January 1989 and 15 March 1990. It replaced the cruzado in the rate of 1000 cruzados = 1 cruzado novo. It had the symbol $\mathrm {NCzS} \!\!\!\Vert$ and the ISO 4217 code BRN. In 1990, the cruzado novo was renamed the (third) cruzeiro. This currency was subdivided in 100 centavos.

Coins

Standard

Standard circulating stainless-steel coins were issued in denominations of 1, 5, 10 and 50 centavos.

A design for a standard circulation NCz$1 coin was planned for 1990, nicknamed the "Christ's Cross" (Portuguese: Cruz de Cristo) design. However, in March 1990, before the coin was released to the public, the country's currency changed to the Cruzeiro (3^rd iteration), so that design never circulated.[1] There are 41 specimens in the Central Bank of Brazil's internal storage, and there are 15 known samples with collectors,[1] bringing the total to 56 known issues of the coin.

Coins of the Cruzado Novo
Reverse	Obverse	Value	Details
		NCz$0.01	The "Boiadeiro" design, portrays a cowboy or cattle herder.
		NCz$0.05	The "Pescador" design, portrays a fisherman.
		NCz$0.10	The "Garimpeiro" design, portrays an artisanal miner.
		NCz$0.50	The "Rendeira" design, portrays a lacemaker or weaver.
Unreleased	Unreleased	NCz$1	The "Cruz de Cristo" design, portrays a cross inside a map of Brazil.

Commemorative

To celebrate the 100th anniversary of the Republic in Brazil (1889–1989), two Cruzado Novo coins were minted: a NCz$1 circulating coin, and a NCz$200 non-circulating silver coin.

Commemorative coins of the Cruzado Novo
Reverse	Obverse	Value	Details
		NCz$1	Circulating stainless steel commemorative coin
(missing photo)	(missing photo)	NCz$200	Non-circulating silver commemorative coin

Banknotes

The first banknotes were overprints on cruzado notes, in denominations of 1, 5 and 10 cruzados novos. Regular notes followed of the same year in denominations of 50, 100 and 200 cruzados novos, with the 500 cruzado novo note following in 1990. These banknotes were overprinted with the new name of the currency in 1990. In 1992, the 50 and 100 cruzado novo banknotes were withdrawn. The higher denominations were withdrawn in 1994.

References

Pippi, Emerson (17 February 2020). "1 Cruzado Novo com a Cruz de Cristo: novas informações" [1 Cruzado Novo with Christ's Cross: new information] (in Portuguese). Retrieved 22 December 2020.

Brazilian cruzado novo
Preceded by: Cruzado Reason: inflation Ratio: 1000 cruzados = 1 cruzado novo	Currency of Brazil 15 January 1989 – 15 March 1990	Succeeded by: Cruzeiro (third iteration) Reason: currency renaming Ratio: at par

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[collectgram-1] Pippi, Emerson (17 February 2020). "1 Cruzado Novo com a Cruz de Cristo: novas informações" [1 Cruzado Novo with Christ's Cross: new information] (in Portuguese). Retrieved 22 December 2020.