convertibility

• Substantiv, das die Eigenschaft bezeichnet, austauschbar oder umwandelbar zu sein, insbesondere die Möglichkeit, Währungen uneingeschränkt in Gold oder andere Währungen umzutauschen.

A noun referring to the quality of being exchangeable, especially the ability to convert a currency into gold or other currencies without restriction.

unzählbar

1. Exchangeability of currencyC1formal

   The ability of a currency to be freely exchanged for another currency or for gold without restrictions.

   Konvertierbarkeit einer Währung

   • The country's currency achieved full convertibility after economic reforms.
   • Convertibility is a key feature of a stable financial system.
   • Investors prefer currencies with high convertibility for international trade.

   Synonymeexchangeabilityinterchangeability