With a such rate (even the higer is still cheap), starting a company there is really a good idea.
Why? They don't really have anything of value to give you in exchange for your goods or services. And it would be crazy to keep any assets in their currency.
Workers seems to be cheap comparing to other countries. Plus in case of something like Bitcoin your money come from the rest of the world.
Unless some other form of currency takes over the hyperinflating one there, it wouldn't be smart to do any business there.
I wouldn't think many people there are able to spend much time researching into bitcoins when they're struggling to survive with their dead economy there.