Currency convertibility

Currency Convertibility
Currency Convertibility definition :
Refers to how easily a currency can be exchanged for gold or another currency.

currency convertibility
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Definition of Currency Convertibility
A currency is convertible if people can change a currency to a foreign currency, without having to ask permission.

Removal of controls on the international flows on a country's capital account, enabling full currency convertibility and opening of the financial system.
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currency convertibility The ability to exchange money for gold or other currencies. Some governments... currency fluctuations Any changes in the value of one currency relative to another.

See also: Convertibility, Donor, Capital account, Convertible currency, Complaint