Exactly. It fits for the world-wide inflation.
> In economics, hyperinflation is very high and typically accelerating inflation.
> It quickly erodes the real value of the local currency, as the prices of all goods increase.
This is in process. You seem to think there's a specific periodic minimum that is absolute. If the period is decades, it looks the same.
> This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies, often the US Dollar.[1] Prices typically remain stable in terms of other relatively stable currencies.
Given this has affected every currency (not counting some closed off systems like NK) the flight currency is property/land/gold/etc