Brazil 1986 cruzado
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This type was struck in 1986-88. It represents the cruzado of 1986-89 (= 1,000 second cruzeiros = 1,000,000 first cruzeiros). Brazil endured currency reforms in 1942, 1967, 1986, 1989, 1990, 1993 and 1994. Wikipedia comments, "Combined with all previous currency changes in the country's history, this reform [of 1994] made the new real equal to 2.75 × 1018 (2.75 quintillion) of Brazil's original réis."
Recorded mintage: 235,500,000.
Specification: 4.38 g, stainless steel, 23 mm diameter.
Catalog reference: KM 605.
- Amato, Claudio, and Irlei S. Neves, Livro das Moedas do Brasil, 14a ed. Sao Paulo, 2015.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
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