What is the meaning of Inconvertibility?

Inconvertibility is the inability of a local currency to be exchanged for another currency. Often includes transfer risk.

Barry Goldsmith
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APABarry Goldsmith. (2010). inconvertibility. Retrieved September 21, 2026, from http://smartdefine.org/inconvertibility/definitions/1155896
ChicagoBarry Goldsmith. 2010. "inconvertibility" http://smartdefine.org/inconvertibility/definitions/1155896 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, inconvertibility, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/inconvertibility/definitions/1155896>.
MLABarry Goldsmith. "inconvertibility" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/inconvertibility/definitions/1155896>
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