If by "reasonably stable" you mean "daily fluctuations about 30%", right.
No, by "reasonably stable" I mean "there are indications of the kind of market support that would mean I could be reasonably confident of buying at this value and being able to sell at a similar or higher value at later time periods in the order of several months (although I may have to wait for appropriate market timing to do so)."
This is different from "stable" by which I would mean "there are strong indications that the market would support the value at or above the current level in the long term, i.e. over a period of years, and I would be unlikely to have to wait for market timing in order to avoid significant losses".
Note that I would not currently consider many currencies to be stable. USD is perhaps the only candidate.