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Cruzado
(redirected from First Cruzado)

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Cruzado
The currency of Brazil between 1986 and 1989. It replaced the second Brazilian cruzeiro at a rate of one cruzado for 1,000 cruzeiro. The cruzado was issued in an attempt to control Brazilian inflation; this attempt failed and the cruzado was replaced by the cruzado novo in 1989.


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