Skip to content
Vinony

convertibility

noun

  1. ability of money to be transformed into other stores of value
L318601 on Wikidata ↗

Wiktionary

noun

  1. The quality of being convertible
  2. The quality of a currency of being exchangeable for gold or other currencies

    “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.”