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The History of Money in Brazil

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1 Cruzeiro

In 1970, the unit of our monetary system resumed to Cruzeiro, and the expression Cruzeiro Novo was abandoned. At that time, coins of 50, 20, 10, 5, 2, and 1 Centavo were struck, in addition to the 1 Cruzeiro coin.

     

10 Cruzeiros

The notes bearing the Cruzeiro Novo stamp were replaced by a new series, with denominations of 500, 100, 50, 10, 5, and 1 Cruzeiro. This new series, produced by the Brazilian Mint, represented the first large domestic production of money.