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Convertibility was calculated as the percentage of glucan converted to ethanol based on a theoretical ethanol yield of 51 g ethanol per 100 g of glucose for yeast: C o n v e r t i b i l i t y = E t h a n o l p r o d u c e d (g ) i n r e a c t o r I n i t i a l s u g a r (g l u c a n, g ) i n r e a c t o r × 0.51 × 100 The maximum value of convertibility is 100%.
Similar(59)
But if cross-border trade in renminbi booms and market forces are gradually allowed to set the renminbi's value, China will presumably grow more comfortable with the idea of convertibility.
But under the Law of Convertibility, passed in 1991 and not abandoned until January 2002, its value was fixed at parity with the US dollar.
A "law of convertibility" had established a scheme known simply as "convertibility"—which fixes the value of the peso at parity with the dollar, and restricts the domestic money supply to the level of foreign-exchange reserves.
A key element of that control is the Chinese currency's lack of convertibility.
This device has a level of convertibility that lets us use it in very different ways".
Indeed, Argentina's real G.D.P. grew by more in the decade of convertibility than in any other decade in the 20th century.
Within the scope of convertibility arrangements, this trading in currencies is carried out by skilled intermediaries, usually banks or specialized foreign exchange brokers and dealers.
It survived independence by retaining its peg to the French franc, together with a guarantee from the French Treasury of convertibility.
Philip adopts the second notion of convertibility.
So what's coming in the way of convertibility?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com