redeemable vs exchangeable

redeemable and exchangeable both are adjectives.

Word	Noun	Adjective	Verb	Adverb
redeemable	No	Yes	No	No
exchangeable	No	Yes	No	No

redeemable (adjective)	exchangeable (adjective)
able to be converted into ready money or the equivalent	suitable to be exchanged
susceptible to improvement or reform	capable of being exchanged for or replaced by something of equal value
recoverable upon payment or fulfilling a condition	capable of replacing or changing places with something else; permitting mutual substitution without loss of function or suitability