convertibility
English
editNoun
editconvertibility (uncountable)
- The quality of being convertible
- The quality of a currency of being exchangeable for gold or other currencies
- 2023 March 30, Federico Rivas Molina, “Javier Milei, the unclassifiable Argentine politician”, in El País:
- When it comes to Argentina, [Javier Milei's] model is the 1990s, when the convertibility plan established by President Carlos Menem pegged the peso to the dollar and completely ended hyperinflation.
Derived terms
editTranslations
editproperty of being convertible
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