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cruzeiro

noun cru·zei·ro \ krü-ˈzer-(ˌ)ō , -(ˌ)ü \

Updated on: 30 Mar 2018

Definition of cruzeiro

plural cruzeiros

: the basic monetary unit of Brazil from 1942 to 1986 and from 1991 to 1993

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Recent Examples of cruzeiro from the Web

Brazil slew inflation in the early 1990s by replacing the cruzeiro with a new currency, the real, managed by a central bank that came to be seen as trustworthy.

— The Economist, "Venezuela's crypto-currency: salvation or scam?," 17 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'cruzeiro.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of cruzeiro

Portuguese

NEW! Time Traveler

First Known Use: 1927

in the meaning defined above

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