Meaning of Convertibility | Babel Free
Definitions
- The quality of being convertible
- The quality of a currency of being exchangeable for gold or other currencies
Equivalents
Examples
“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.”
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
See also
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