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The phrase "act of converting money" is correct and usable in written English.
It can be used when discussing financial transactions, currency exchange, or any process involving the transformation of one form of currency into another.
Example: "The act of converting money from dollars to euros can incur additional fees depending on the service used."
Alternatives: "currency exchange process" or "money conversion activity".
Similar(59)
Critics, however, argue that the act of converting such debt to reserves could in itself start a banking panic.
Converting money this way can be expensive because of the delivery fees.
Converting money into property is always more fun than converting property into money.
Go on a website that converts money.
An individual who holds them has the alternative of converting some part of his money holdings into interest-bearing form.
Acting on behalf of his mother, Mr. Tafur-Dominguez sought a money trader, a popular, legal method of converting pesos in Colombia, his lawyers said.
Rocky was a way of converting his hard-knock life into cinema – and money.
Even while she embeds herself in her apartment, she seeks ways of converting these activities into a public act.
"My chance of converting a sale dramatically increases, and for much less money".
But part the process of converting a building into condos includes evicting current tenants under the Ellis Act, after which members of the TIC move into the property.
Philanthropy is not just the act of giving away money.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com