As far as your people are ready and able to pay higher electricity bills, gas, and inflation coming from imported goods then fine, but the hard condition will not be felt 2-3 months, it could be much longer, depending on many kind of variables, as competitiveness is not only in the form of cheap currency, but education quality, ease of doing business, supportive laws, good gov policy, and so on and so on.
Just see Malaysia and Indonesia case during Asian Financial Crisis, Malaysia can withstand Asian Financial Crisis and their currency only depreciate a little, China also the same, but they can have high export during 1998-2010, way better than Indonesia whose currency collapse from 2500 Per USD into 12000 per USD during 2000;s. It even touched 18000 per USD in 1998