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Reference.org
Convertibility
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<p>Convertibility is the quality that allows money or other financial instruments to be converted into other <a href="/facts/Market_liquidity/rBCWbYp9">liquid</a> <a href="/facts/Store_of_value/WehIINXC">stores of value</a>. Convertibility is an important factor in <a href="/facts/International_trade/jB2m5TGX">international trade</a>, where instruments valued in different <a href="/facts/Currency/g5GPGfTe">currencies</a> must be exchanged. </p>