Information AboutCruzado |
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CRUZADO, 1986-1989 The cruzado replaced the second Cruzeiro currency (also called the cruzeiro novo) in 1986, at a rate of 1 cruzado = 1000 cruzeiros (novos). It was divided into 100 centavos. CRUZADO NOVO, 1989-1990 In 1989, the cruzado was replaced by the cruzado novo, with 1000 old cruzados set equal to one cruzado novo. In 1990, the cruzado novo was renamed the cruzeiro. The cruzado novo was subdivided into 100 centavos. SEE ALSO |