inconvertibility Synonyms

No Synonyms and anytonyms found

inconvertibility Meaning

Wordnet

inconvertibility (n)

the quality of not being exchangeable

Webster

inconvertibility (n.)

The quality or state of being inconvertible; not capable of being exchanged for, or converted into, something else; as, the inconvertibility of an irredeemable currency, or of lead, into gold.

inconvertibility Sentence Examples

1. The inconvertibility of the currency made it impossible to exchange it for foreign currency.
2. The government's decision to fix the exchange rate resulted in the inconvertibility of the national currency.
3. The inconvertibility of the peso hindered international trade and investment.
4. The IMF imposed strict conditions on the country in exchange for a loan, including the adoption of inconvertible currency.
5. The inconvertibility of the ruble led to a significant decline in its value and hyperinflation.
6. The inconvertibility of the yuan created a two-tiered exchange rate system, with one rate for domestic transactions and a different rate for international transactions.
7. The inconvertibility of the drachma forced Greece to leave the eurozone.
8. The inconvertibility of the bolivar led to a severe economic crisis in Venezuela.
9. The inconvertibility of the Zimbabwean dollar resulted in a complete collapse of the country's economy.
10. The inconvertibility of a currency can have devastating consequences for a country's economy and its people.

FAQs About the word inconvertibility

What is the meaning of the word inconvertibility

the quality of not being exchangeableThe quality or state of being inconvertible; not capable of being exchanged for, or converted into, something else; as, the

What are the synonyms of the word inconvertibility

No synonyms found.

What are the antonyms of the word inconvertibility

No antonyms found.

What is the usage of word inconvertibility

The inconvertibility of the currency made it impossible to exchange it for foreign currency.

The government's decision to fix the exchange rate resulted in the inconvertibility of the national currency.

How to use the word inconvertibility in a sentence?

The inconvertibility of the peso hindered international trade and investment.

The IMF imposed strict conditions on the country in exchange for a loan, including the adoption of inconvertible currency.