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convertible currency
C1

a currency that can be easily exchanged for another currency without any restrictions.

Meanings

a currency that can be easily exchanged for another currency without any restrictions.

The US dollar is considered a convertible currency because it can be exchanged freely in most countries.

Synonyms

freely exchangeable currencyliquid currency

Antonyms

non-convertible currencyrestricted currency

a currency that is accepted for trade and investment globally.

Investors prefer convertible currencies for international transactions.

Synonyms

global currencyinternational currency

Antonyms

local currencydomestic currency

Examples

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Last updated: 2025/01/11 11:58