The contribution of foreign insurance companies shall be made in freely convertible currencies.

外国保险公司的出资，应当为自由兑换货币。

youdao

The rupiah is a freely convertible currency, but trades at a penalty due to continued high inflation.

Rupiah是可自由变值的货币，但通货膨胀仍在持续。

youdao

But with the renminbi not freely convertible and China's stock markets isolated from international capital flows, valuations diverge widely.

但由于人民币无法自由兑换，加之国际资金无法参与中国内地股市，因此，两地股票价格差距颇大。

youdao

As for freely convertible, that was kind of a hash too, and before 1929.

FORBES: The Claims Against Gold Still Aren't Sticking

Then, the convention was that currencies were freely convertible not to gold but to other currencies that were themselves theoretically convertible to gold (read: the dollar and sometimes the pound).

FORBES: The Claims Against Gold Still Aren't Sticking

But Dino Kos, a former chief of markets at the Federal Reserve Bank of New York who now works for Portales Partners, a research firm, notes that the yuan does not meet one of the most basic requirements of a reserve currency: other countries cannot use it to intervene in foreign-exchange markets because it is not freely convertible.

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