Foreign investors shall pay the transfer price in freely convertible currencies.

外商应当以自由兑换货币支付转让价款。

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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。

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The concept of a freely usable currency concerns the actual international use and trading of currencies, and is different from whether a currency is either freely floating or fully convertible.

可自由使用货币的概念关注货币的实际国际使用和交易，不能等同于某种货币是否自由浮动或完全可兑换。

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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).

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