This is the 11027th most frequent Spanish word.
dolarizó
"Dolarizó" means "dollarized," referring to the act of adopting the U.S. dollar as currency.
The term "dolarizó" is used to describe the action of changing the currency or monetary system to rely on the US dollar, often in an economic or financial context.
El gobierno dolarizó la economía para estabilizarla.
The government dollarized the economy to stabilize it.
Here, "dolarizó" implicates that the individual converted their savings into US dollars as a measure against currency inflation.
Mi tío dolarizó sus ahorros para protegerlos de la inflación.
My uncle dollarized his savings to protect them from inflation.
In this sentence, "dolarizó" is applied to indicate setting prices in US dollars rather than the local currency, often to counteract currency instability or fluctuations.