500 quinhentos cruzados
5,000$
what is the value of 500 Quinhentos Cruzados in Indian rupee
The Brazilian cruzados is a discontinued form of currency and has no face value. It's only value is to a collector and in most cases would still be of little if any value.
The cruzado was the currency of Brazil from 1986 to 1989 (actually there were 2 cruzado currencies; Brazil has had a crazy monetary situation) for a few years in the late 1980s.The current value is zero because the currency can no longer be converted, however, it used to convert thus:1000 mil cruzados = $ 600.96 USD.
Full-bodied>Full-bodied is money whose value as a commodity for non-monetary purposes is a great as its value as money.>The principal full bodied money in modern monetary system have been coins of the standard metal when a country is on a metallic standard: A gold standard , a silver standard ,or a bimetallic standard using gold and silver.Representative Full-bodied Money>Which is usually made of paper, is in effect a circulating warehouse receipt for full-bodied coins or their equivalent in bullion.>The representative full-bodied money itself has no significant value as a commodity, but it "represents in circulation an amount of metal with a commodity value equal to the value of the money.Credit Money>By credit money, or debt money, we mean any money, except representative full-bodied money, that circulates at a value greater than the commodity value of the material from which it is made. In some cases, the market value of the money materials is insignificant, as in the case of most paper money.>Credit or debt money can also result as the issuing authority buys all the money material offered to it, but at a price significantly below the monetary or face value of the money into which it is transformed.
A real asset is a tangible asset like gold or real estate. You can hold it or place your hand on it. It has intrinsic value in and of itself. A financial asset is not tangible. Instead, its existence is "represented by evidence of its existence such as a paper certificate, like money, a savings passbook, a stock certificate, or a bond. The paper in money has no intrinsic value. Its value is derived by virtue of what it represents.
what is the value of 500 Quinhentos Cruzados in Indian rupee
what value of 500 cruzados of brasil to indian rupees
What is the value of a 100,000 cem Mil Cruzados bill from Brazil in US dollars?"
Money is spent for making paper, your opinion is invalid.
The cruzado is no longer in use.
The Brazilian cruzados is a discontinued form of currency and has no face value. It's only value is to a collector and in most cases would still be of little if any value.
Value of 1874 series 10 cent paper money
The Brazilian cruzados is a discontinued form of currency and has no face value. It's only value is to a collector and in most cases would still be of little if any value.
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I would say yes. When has paper money ever held it's value?
i think it is 3000
Fiat money. This is money that has no tangible value. An alternative is gold, which in itself has tangible value.