The cruzeiro was the currency of Brazil between 1990 and 1993. It was the third iteration of a Brazilian currency named "cruzeiro", and replaced the cruzado novo at par. It was used until 1993, when i
A 500 thousand cruzeiros note portraying Mário de Andrade
A NCz$200 note overstamped as Cr$200
BRE 1 Reverso
BRE 1 Anverso
Plano Collor
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The Collor Plan was a collection of economic reforms and inflation-stabilization plans carried out in Brazil during the presidency of Fernando Collor de Mello between 1990 and 1992. The plan was offic
Brazilian cruzeiro (1990–1993)
…to the levels it had in the early 1990s, the Collor Plan was not successful in reducing inflation to reasonable levels, and despite the shocks of the Plano Collor I in 1990 and the subsequent Plano Collor II in 1991, inflation remained high, and political instability made economic stabilization difficult, which…
The Brazilian Central Bank, responsible for the implementation of monetary policy in Brazil.