| Image 1: | 5000-cruzeiros-reais-anverso.png |
| Image Title 1: | A 1993 CR$5,000 banknote |
| Iso Code: | BRR |
| Using Countries: |  Brazil |
| Subunit Inline Note 1: | (only used for accounting purposes) |
| Subunit Name 1: | centavo |
| Symbol: | CR$ |
| Unit: | cruzeiro real |
| Plural: | cruzeiros reais |
| Frequently Used Coins: | 5, 10, 50, 100 cruzeiros reais |
| Frequently Used Banknotes: | 50, 100, 500, 1,000, 5,000 and 50,000 cruzeiros reais |
| Replaced Currency: | Cruzeiro (3rd version) |
| Replaced By Currency: | Real |
| Issuing Authority: | Central Bank of Brazil |
| Printer: | Casa da Moeda do Brasil |
| Mint: | Casa da Moeda do Brasil |
| Obsolete: | yes |
The cruzeiro real (
CRS\Vert
This redenomination, at the beginning of the second half of 1993, was made with the objective of facilitating the accounting of day-to-day activities, which in the previous unit implied the placement of several zeros that made it difficult to record values in calculators and machines.
The cruzeiro real was replaced with the current Brazilian real as part of the Plano Real.
The cruzeiro real replaced the third cruzeiro, with 1,000 cruzeiros = 1 cruzeiro real. The cruzeiro real was replaced in circulation by the real at a rate of 1 real for 2,750 cruzeiros reais. Before this occurred, the unidade real de valor (pegged to the U.S. dollar at parity) was used in pricing, to allow the population to become accustomed to a stable currency (after many years of high inflation) before the real was introduced.
Standard circulation stainless-steel coins were issued in 1993 and 1994 in denominations of 5, 10, 50 and 100 cruzeiros reais. The reverse of the coins portrayed iconic animals of the Brazilian fauna. Coins worth 10 or more of the previous cruzeiro were retained to correspond to smaller denominations, such as the 1,000-cruzeiro coin for a single cruzeiro real, but became scarce by the end of 1993.
No commemorative coins were issued for the Cruzeiro Real.
The macaw and jaguar were represented again in the Real's and bills, respectively, after their introduction in 1994, and the maned wolf was later portrayed in the bill since its introduction in late 2020.[1]
In 1993, provisional banknotes were introduced in the form of cruzeiro notes overprinted in the new currency. These were in denominations of 50, 100 and 500 cruzeiros reais. Regular notes followed in denominations of 1,000, 5,000 and 50,000 cruzeiros reais. The 10,000 cruzeiros reais banknote was designed and scheduled to be put into circulation in the first months of 1994, but inflation and the impending release of a new economic plan put its release on hold and only the 50,000 Cruzeiro real banknote was released.[2]