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Inconvertibility
INCONVERTIBILITY

Definitions:

i. The quality of not being exchangeable.

ii. The state in which a currency may not be exchanged for a foreign currency.

iii. The quality of being inconvertible (Incapable of being converted or exchanged).
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* All five elements would be in.

* On a nation's currency, please.


1. Determined by demand and supply dynamics or forces.

2. Purposeful and necessary, in currency traders' opinion.

3. Issuer's central bank not relying on the Gold Standard.

4. Foreign currency dealers consider it as soft or weak.

5. Remains for as long as no government intervention.
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Reserve currency? No.

'Reject' currency? Yes.

Internality. Shaking.

Localized. Stability.

'Sheepish' or bearish.

Go and work your arses off !

See perfect Zimbabwean dollar.

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