Many tourists also find Cuba expensive. To buy anything they are obliged to change their money into "convertible pesos", which are worthless outside the island.

许多游客也认为古巴旅游费用太高，购买任何东西，都强迫将自己的货币兑换成“可自由兑换的比索”，而这些“比索”离开这个岛便一文不值。

youdao

Can I borrow some money so we can move into an apartment and buy a new Mustang convertible?

能不能借点儿钱给我买新房子和野马敞篷车？

youdao

If you can raise money from prominent angel investors AND get the investment done as convertible debt - knock your socks off!

如果你能过从优秀的天使投资人那里拿到钱，而且是以可转换债券的形式，那就太棒了。笑纳吧！

youdao

Under the classical gold-coin standard (1717-1914) private banks and central banks alike issued currency convertible into a fixed weight of gold, with balance sheets consisting primarily of gold coins and short-term loans denominated in local (but gold-convertible) money.

FORBES: Gold, Reagan and the Reds: From Degraded Dollar to Downgraded Debt

If you raised money on a convertible note with a high cap, you may be about to get an illustration of the difference between a valuation cap on a note and an actual valuation.

FORBES: Paul Graham: What Startups Can Do If (When?) Facebook IPO Affects Valuations

However, that objective (price stability) is more credibly attainable under a convertible currency than a pure fiat money.

FORBES: Ben Bernanke's QE4: Another Step Toward Helicopter Money, And Away From Freedom