convertibility

Example Sentences

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On the Sunday evening of Aug. 15, 1971, President Richard Nixon announced a wage-and-price freeze, an import surcharge, and the end of the dollar’s last link to convertibility into gold at $35 an ounce.

From Barron's • Dec. 5, 2025

Some stablecoin issuers partner with asset managers to offer instant convertibility between stablecoins and yield-bearing tokenized assets such as tokenized U.S.

From MarketWatch • Nov. 6, 2025

TD Securities reminded clients that trust in U.S. institutions ultimately allowed the dollar to retain its reserve status after then-President Nixon’s 1971 move to sever the greenback’s convertibility to gold.

From The Wall Street Journal • Oct. 8, 2025

Argentina itself imposed a 1-to-1 peso-dollar peg through most of the 1990s, with a currency board and convertibility.

From Reuters • Nov. 23, 2023

Can 'resumption' be maintained after the law has placed a premium on coin, and virtually demonetized the paper, by rendering its convertibility compulsory?

From Recollections of Forty Years in the House, Senate and Cabinet An Autobiography. by Sherman, John