convertibility

• Nom désignant la propriété d'être échangeable, en particulier la capacité d'une monnaie à être convertie en or ou en d'autres devises sans restrictions.

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

indénombrable

1. Exchangeability of currencyC1formal

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

   convertibilité d'une monnaie

   • 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.

   Synonymesexchangeabilityinterchangeability