### Comment:
You're right, I'm stuck with a bit of lira right now that I will try to get rid of as soon as I can. The problem is I can't really afford to buy USD at that premium so I have to wait for the banks. Hopefully they get their head out of their asses before we crash and burn with them.  
  
 Do you think they'll put in place a certain crawling peg and devalue slowly or will it fall rapidly? I know it depends on the situation but historically, what has happened more often?

### REPLY:
You can read up about when Switzerland dumped it's peg in 2015 and the currency moved 20% overnight.

### END.