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Convertibility

noun

Definitions

Noun
  1. 1
    The quality of being convertible uncountable
  2. 2
    the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction) wordnet
  3. 3
    The quality of a currency of being exchangeable for gold or other currencies uncountable

    "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."

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