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Yes and no. The third cruzeiro currency [ISO code BRE, 1990-1993] replaced the cruzado novo [BRN, 1989-1990] at par value. But the cruzado currency from 1986 to 1989 [ISO code BRC] replaced the second cruzeiro currency [BRB, 1967-1986] at the rate of one cruzado equalling 1000 cruzeiros. Cruzado novo [BRN, 1989-1990] replaced the first cruzado currency [BRC, 1986-1989] at the rate of one cruzado novo equalling 1000 cruzados.

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Q: Is 1000 mil cruzados the same as 1000 mil cruzeiros?
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"http://wiki.answers.com/Q/What_is_the_value_of_1000_mil_cruzados_in_brazilian_real"


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yes , mail to this email manhtar_ramuk@yahoo.co.in