ISO 4217 | |
---|---|
Code | BRR |
Unit | |
Unit | cruzeiro real |
Plural | cruzeiros reais |
Symbol | CR$ |
Denominations | |
Subunit | |
1⁄100 | centavo (only used for accounting purposes) |
Banknotes | |
Freq. used | 50, 100, 500, 1000, 5000 and 50,000 cruzeiros reais |
Coins | |
Freq. used | 5, 10, 50, 100 cruzeiros reais |
Demographics | |
Replaced | Cruzeiro (3rd version) |
Replaced by | Real |
User(s) | Brazil |
Issuance | |
Central bank | Central Bank of Brazil |
Website | www |
Printer | Casa da Moeda do Brasil |
Website | www |
Mint | Casa da Moeda do Brasil |
Website | www |
This infobox shows the latest status before this currency was rendered obsolete. |
The cruzeiro real (, plural: cruzeiros reais) was the short-lived currency of Brazil between August 1, 1993, and June 30, 1994. It was subdivided in 100 centavos; however, this unit was used only for accounting purposes, and the coins and banknotes still valid for cruzeiro between 10 and 500 cruzeiros were used for the purpose of corresponding to the cents of that coin, especially when the redenomination was carried out. The currency had the ISO 4217 code BRR.
This redenomination, at the beginning of the second half of 1993, was made with the objective of facilitating the accounting of day-to-day activities, which in the previous unit implied the placement of several zeros that made it difficult to record values in calculators and machines.
The cruzeiro real was replaced with the current Brazilian real as part of the Plano Real.