Cruzeiro

/kruːˈzeɪroʊ/ noun

Definition

A former monetary unit of Brazil, or historically, a Portuguese navigator or explorer.

Etymology

From Portuguese 'cruzeiro' meaning 'cruiser' or 'one who crosses,' from 'cruz' (cross). In currency, it replaced the cruzado and itself was later replaced by the real.

Kelly Says

Brazil renamed its currency three times in 30 years (cruzado → cruzeiro → real), each change reflecting economic crises and the government's hope that a new name would bring new luck.

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