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Brazil - 5,000 Brazilian Cruzeiros - P-202c - 1984 dated Foreign Paper Money

Inv# FM2788   Foreign Paper Money
Brazil - 5,000 Brazilian Cruzeiros - P-202c - 1984 dated Foreign Paper Money
Country: Brazil
Years: (1984)

5,000 Cruzeiros, P-202c. The cruzeiro, initially denominated cruzeiro novo (lit.?'new cruzeiro'), was the currency of Brazil between 1967 and 1986. It is the second of the 3 historical Brazilian currencies called "cruzeiro".

It was introduced as cruzeiro novo, with symbol NCr$, and remained with that denomination between 1967 and 1970 in the transition from the previous standard banknotes issued by American Bank Note Company and Thomas de la Rue to the new banknotes and coins issued mainly by Casa da Moeda do Brasil. It was introduced due to inflation and financial instability in the country, and had a conversion rate of 1 cruzeiro novo = 1000 "old" cruzeiros.

After the transition period for the Casa da Moeda do Brasil to be able to manufacture the new banknotes, the currency was renamed simply cruzeiro, with symbol Cr$. The cruzeiro remained as the official currency until 1986, when the it was replaced by the cruzado, at a rate of 1 cruzado = 1000 cruzeiros. Read more at https://en.wikipedia.org/wiki/Brazilian_cruzeiro_(1967%E2%80%931986)

Condition: C.U.
Item ordered may not be exact piece shown. All original and authentic.
Price: $10.00