| Currency Name: | Cruzado |
| Image 1: | Brazilian 10000 cruzados obverse.jpg |
| Image Title 1: | A 10,000 cruzado banknote featuring Carlos Chagas |
| Iso Code: | BRC |
| Using Countries: |  Brazil |
| Inflation Rate: | 3.8% |
| Subunit Name 1: | centavo |
| Symbol: | Cz$ |
| Plural: | cruzados |
| Frequently Used Coins: | 1, 5 and 10 cruzados |
| Rarely Used Coins: | 1, 5, 10, 20 and 50 centavos |
| Frequently Used Banknotes: | 10, 50, 100, 500, 1000, 5000 and 10,000 cruzados |
| Replaced Currency: | Cruzeiro (2nd version) |
| Replaced By Currency: | Cruzado novo |
| Issuing Authority: | Central Bank of Brazil |
| Printer: | Casa da Moeda do Brasil |
| Mint: | Casa da Moeda do Brasil |
| Obsolete: | yes |
The cruzado was the currency of Brazil from 1986 to 1989. It replaced the second cruzeiro (at first called the "cruzeiro novo") in 1986, at a rate of 1 cruzado = 1000 cruzeiros (novos) and was replaced in 1989 by the cruzado novo at a rate of 1000 cruzados = 1 cruzado novo.
This currency was subdivided in 100 centavos and it had the symbol
CzS\Vert
Stainless-steel coins were introduced in 1986 in denominations of 1, 5, 10, 20 and 50 centavos, and 1 and 5 cruzados, with 10 cruzados following in 1987. Coin production ceased in 1988.
Three designs of commemorative 100 cruzado coins, celebrating the 100th anniversary of the abolition of slavery in the country (the Lei Áurea), were produced in 1988. Although very rare in circulation, the numbers' design was carried over into both Cruzado Novo and the third Cruzeiro.
See main article: Banknotes of the Brazilian cruzado.
The first banknotes were overprints on cruzeiro notes, in denominations of 10, 50 and 100 cruzados. Regular notes followed in denominations of 10, 50, 100 and 500 cruzados, followed by 1000 cruzados in 1987, 5000 and 10,000 cruzados in 1988.