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Showing results for dollarization. Search instead for dollarisations.

dollarization

American  
[dol-er-uh-zey-shuhn] / ˌdɒl ər əˈzeɪ ʃən /

noun

  1. the conversion of a country's currency system into U.S. dollars.


dollarization British  
/ ˌdɒləraɪˈzeɪʃən /

noun

  1. the process of converting a country's currency to US dollars

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of dollarization

First recorded in 1985–90

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

But he’s ruled out dollarization and instead runs an opaque and discretionary monetary regime.

From The Wall Street Journal Nov. 30, 2025

Treasury didn’t respond to our request for comment on dollarization.

From The Wall Street Journal Oct. 12, 2025

And he appears to have shelved the dollarization plan, perhaps out of necessity.

From Seattle Times Dec. 14, 2023

Though Venezuela's economy showed some signs of nascent recovery in recent years, thanks largely to a de facto dollarization, businesses are once again closing their doors as inflation hovers around 400%.

From Reuters Oct. 5, 2023

He will find it difficult to push through the reforms necessary to make dollarization work in the long-run.

From The 2000 CIA World Factbook by United States. Central Intelligence Agency

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