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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