cruzeiro real (CR$)

E806325

The cruzeiro real (CR$) was Brazil’s short-lived national currency used in the early 1990s during a period of high inflation, immediately preceding the introduction of the real.

All labels observed (2)

Label Occurrences
cruzeiro real 5
cruzeiro real (CR$) canonical 1

How this entity was disambiguated

Statements (41)

Predicate Object
instanceOf fiat currency
former national currency
category Brazilian currency history
circulationStatus no longer in circulation
country Brazil
currencyOf Brazil
denominationType banknotes
coins
endDate 1994-06-30
exchangeRateToPredecessor 1 cruzeiro real = 1,000 cruzeiros
exchangeRateToSuccessor 1 real = 2,750 cruzeiros reais
followedBy real (Brazilian real)
linked to: Brazilian real
followsCurrency cruzeiro (second cruzeiro)
historicalRole immediate predecessor of the Brazilian real
inflationContext hyperinflation in Brazil
introducedAsPartOf Brazilian monetary stabilization efforts
ISO4217Code BRR
ISO4217NumericCode 987
languageOfName Portuguese
legalTenderIn Brazil
monetaryAuthority Central Bank of Brazil
monetaryReformStage transitional currency before the real
officialName cruzeiro real
linked to: cruzeiro real (CR$)
peggedTo URV (Unidade Real de Valor) during transition to the real
periodOfUse early 1990s
precededBy cruzeiro (second cruzeiro)
precedesCurrency real (Brazilian real)
linked to: Brazilian real
reasonForReplacement implementation of the Plano Real stabilization plan
region South America
replacedByCurrency real (Brazilian real)
linked to: Brazilian real
replacedCurrency cruzeiro (second cruzeiro)
linked to: cruzeiro
shortName cruzeiro real
linked to: cruzeiro real (CR$)
startDate 1993-08-01
status obsolete
subunit centavo
subunitToUnitRatio 100 centavos = 1 cruzeiro real
symbol CR$
usedBy Brazilian government
Brazilian residents
usedDuring period of high inflation in Brazil
usedIn Brazilian economy

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Plano Real replacedCurrency cruzeiro real (CR$)
Casa da Moeda do Brasil formerCurrencyProduced cruzeiro real
linked to: cruzeiro real (CR$)
cruzeiro real officialName cruzeiro real
subject linked to: cruzeiro real (CR$)
linked to: cruzeiro real (CR$)
cruzeiro real shortName cruzeiro real
subject linked to: cruzeiro real (CR$)
linked to: cruzeiro real (CR$)
temporary unit of account (URV) currencyTransitionFrom cruzeiro real
linked to: cruzeiro real (CR$)
third cruzeiro replacedBy cruzeiro real
subject linked to: cruzeiro
linked to: cruzeiro real (CR$)