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Brazil - 100 Brazilian Cruzeiros - P-228 - Group of 10 notes - 1990 dated Foreign Paper Money

Inv# FM1035   Foreign Paper Money Cat# P-228
Country: Brazil
Denomination: 100 Brazilian Cruzeiros
Years: ND (1990)

Group of 10 notes. 100 Cruzeiros, P-228. C. Meireles portrait/Child reading and people dancing. The cruzeiro, initially denominated cruzeiro novo (lit.?'new cruzeiro'), was the currency of Brazil between 1967 and 1986. It is the second of the 3 historical Brazilian currencies called "cruzeiro".

It was introduced as cruzeiro novo, with symbol NCr$, and remained with that denomination between 1967 and 1970 in the transition from the previous standard banknotes issued by American Bank Note Company and Thomas de la Rue to the new banknotes and coins issued mainly by Casa da Moeda do Brasil. It was introduced due to inflation and financial instability in the country, and had a conversion rate of 1 cruzeiro novo = 1000 "old" cruzeiros. Read more at https://en.wikipedia.org/wiki/Brazilian_cruzeiro_(1967%E2%80%931986)

Condition: Crisp Uncirculated
Item ordered may not be exact piece shown. All original and authentic.
Price: $6.50