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convertibility (uncountable)

  1. The quality of being convertible
  2. The quality of a currency of being exchangeable for gold or other currencies
    • 2023, Federico Rivas Molina, Javier Milei, the unclassifiable Argentine politician, in: El País, March 30 2023
      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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