Brazilian cruzado novo

Brazilian cruzado novo
cruzado novo brasileiro  (Portuguese)
252px A 5000 cruzado banknote overstamped as a 5 cruzados novos banknote
ISO 4217 code	BRN
Central bank	Central Bank of Brazil
Website	www.bc.gov.br
User(s)	Brazil
Subunit
1/100	centavo
Symbol	NCz$
Plural	cruzados novos
Coins
Rarely used	1, 5, 10, 20, 50 centavos
Banknotes
Freq. used	50, 100, 200, 500 cruzados novos
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

Stainless-steel coins were issued in denominations of 1, 5, 10 and 50 centavos and 1 cruzado novo.

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 In 1992, the 50 and 100 cruzado novo banknotes were withdrawn. The higher denominations were withdrawn in 1994.