unpegged
Released from its anchor
Unpegged means released from a fixed relationship or constraint.
A currency that is unpegged no longer maintains a set exchange rate against another currency: The central bank unpegged the franc from the euro.
More generally, anything unpegged has been detached from whatever held it in place—a tent stake pulled from the ground, a price freed from controls.
Staying atop liquid
- devaluedLowered in worth
- unanchoredNot fastened down
- flexibleAble to bend freely
- fluctuatingShifting irregularly over time
volatile · deregulated · convertible · adjusted · liberalized · depreciated · revalued · unstable
Not held closed
- loosenedMade less tight
- unhookedReleased from a clasp
- unhitchedDisconnected from attachment
- unclampedFreed from fastening pressure
unpinned · unclipped · untethered · released · freed · disconnected · separated · removed
Prone to fluctuation
- adjustableAble to be changed
- flexibleAble to bend freely
- changeableCapable of alteration
- floatingStaying atop liquid
unsettled · uncapped · unlimited · unrestricted · open-ended · unregulated · uncontrolled · unconstrained
floating
Staying atop liquid
- devaluedLowered in worth
- unanchoredNot fastened down
- flexibleAble to bend freely
fluctuating · volatile · deregulated · convertible · adjusted · liberalized · depreciated · revalued · unstable · free-floating
unfastened
Not held closed
unclamped · unpinned · unclipped · untethered · released · freed · disconnected · separated · removed · disengaged
variable
Prone to fluctuation
- adjustableAble to be changed
- flexibleAble to bend freely
- changeableCapable of alteration
floating · unsettled · uncapped · unlimited · unrestricted · open-ended · unregulated · uncontrolled · unconstrained · unbounded