Fungible money refers to money that is interchangeable with other units of the same currency and has the same value. This means that any dollar bill is worth the same amount as any other dollar bill, regardless of where it was printed or where it came from. Fungibility is the ability of a good or asset to be interchanged with other individual goods or assets of the same type. Money is a prime example of something fungible, where a $1 bill is easily convertible into four quarters or ten dimes, etc. . Fungibility simplifies the exchange and trade processes, as fungibility implies equal value between the assets. Other examples of fungible assets include commodities, common shares, options, and dollar bills. Non-fungible assets, on the other hand, are unique and not interchangeable, such as owned cars and houses.