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Redenomination
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In monetary economics, redenomination is the process of changing the face value of banknotes and coins in circulation. It may be done because inflation has made the currency unit so small that only la
Banknote 50000 rubles front
Banknote 50000 rubles front
Банкнота 50 рублей
Банкнота 50 рублей
Brazilian cruzeiro (1967–1986)
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The cruzeiro, initially denominated cruzeiro novo, was the currency of Brazil between 1967 and 1986. It is the second of the 3 historical Brazilian currencies called "cruzeiro".
A 500 cruzeiro banknote, overstamped as a 0,50 (50 cents) cruzeiro novo note
A 500 cruzeiro banknote, overstamped as a 0,50 (50 cents) cruzeiro novo note
A Cr$10 note overstamped with the text "1 centavo", indicating it was now worth NCr$0.01
A Cr$10 note overstamped with the text "1 centavo", indicating it was now worth NCr$0.01
Obverse of a Cr$5 note, from 1970, featuring Dom Pedro I
Obverse of a Cr$5 note, from 1970, featuring Dom Pedro I
A 1981 Cr$5,000 note portraying Castelo Branco
A 1981 Cr$5,000 note portraying Castelo Branco