used especially of currencies; incapable of being exchanged for or replaced by another currency of equal value 同义词：inconvertible, unexchangeable,
例句与用法
1.
The foreign exchange system reform of 1994 set a milestone in the process of china ' s external reform . after this reform , official exchange rate and swap exchange rate was united , and managed floating exchange rate regime was introduced . rmb reached convertibility under current account , and china ' s foreign exchange system took the shape of " rmb convertible under current account and unconvertible under capital account " 中国也存在最优汇率制度选择问题， 1994年中国实行了具有里程碑意义的外汇管理体制改革，实现了汇率并轨，建立了以市场供求为基础的有管理的浮动汇率制度； 1996年人民币实现了经常项目可兑换，由此中国形成了“人民币经常项目可兑换，对资本项目进行管制”的外汇管理体制。
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