Travel Money in High Inflation Countries

let's talk about travel money in a country where they have extremely high inflation this is quite a sensitive subject so i'm going to keep it really quite serious and short and just say what i need to say i'm in turkey and they have extremely high inflation right now when i got here a month ago it was 18 lira to the pound now it is currently sitting at around 21. what does this mean for you if you're traveling it means that you want to try and keep a larger proportion of your cash in your home currency and not take out more cash than you actually need to in the local currency because every day that you hold the local currency your purchasing power compared to your home currency is decreasing so if i'd pulled out all the money i needed at the beginning of my trip i'd have got less purchasing power than i do now so if you find yourself in a country where they have high inflation and i'm talking high inflation to the point where every day you're seeing drops in the value of the local currency compared to your own take your money out in installment also be super sensitive when talking about oh yeah it's really cheap here because if you're around a local who is living in a country where there is extremely high inflation it's not cheap for them just to recap this if you're in a country with high inflation take your money out in installment and try and keep your cash in your home currency as long as possible and be extremely sensitive when talking about price differences because it's quite hard for a lot of people here