What is the value of a 1957 Cruzeiro?
The value of a 1957 Brazil Cruzeiro depends on its condition. It could fetch anything between 20 c and 2.50 US dollars at auction.
The former Brazilian currency was the cruzeiro. In fact, there were three distinct cruzeiro currencies. The first cruzeiros circulated during the years 1942-1967. The second cruzeiros circulated during the years 1967-1986. This second set was called 'cruzeiro novo' ['new cruzeiro']. It replaced the first ['old'] cruzeiro currency, at the rate of one cruzeiro novo for every 1,000 old cruzeiros. The third set circulated during the years 1990-1993.
Brazilian 1000 mil cruzeiros equalled one cruzeiro real which in turn equalled 1/2750 of a current real. The third cruzeiro currency [ISO code BRE, 1990-1993] was replaced by cruzeiro real [BRR, 1993-1994] at a rate of one cruzeiro real equalling 1000 cruzeiros. The current real currency [BRL, 1994-present] replaced the cruzeiro real at a rate of one real equalling 2750 cruzeiros reais.
The Cruzeiro is a currency that it's not used anymore. It was used many times, the last one being used between 1990/1993 when it was replaced by the "Cruzeiro REal" and in 1994 for the actual "Real". 200 Cruzeiros wouldn't reach 1 cent of Real. The formula is 200/(1002 x 2,75) 200 Real's today would be something as 50 USdolars