Compulsory exchange

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As a mandatory exchange is called the state-enforced delivery of values against supposedly equivalent:

  • Colloquially, the forced exchange of foreign currency when entering certain countries, in particular
    • when entering socialist countries of the Comecon, see minimum exchange
    • when entering Myanmar, see Kyat
  • the forced exchange of assets for government bonds, for example under August III. (Poland)

See also

Wiktionary: forced exchange  - explanations of meanings, word origins, synonyms, translations