[ELI5] Aren’t currency conversions easily abusable?

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Can’t just about anyone from US save up some cash and travel to a country with very inflated currency to become rich and buy whatever they want?

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Anonymous 0 Comments

Not sure what your question is, but yes, you can exchange $100 for 512 Brazilian real in Brazil. Of course that doesn’t make you rich – an iPhone 13 costs $799, an iPhone 13 costs $1446

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