Planning a trip to Bali and wondering how far your Australian dollars (AUD) will stretch? You’ve come to the right place! Here’s what you need to know about exchanging AUD for Indonesian Rupiah (IDR), the currency used in Bali.
The Exchange Rate:
The exchange rate between AUD and IDR fluctuates, but as of today, June 5, 2024, you’ll get around 10,800 IDR for every 1 AUD. This is just a ballpark figure, and the actual rate you receive may vary depending on where you exchange your money.
Where to Exchange:
You have a few options for exchanging your AUD for IDR:
- Airport currency exchange: This is the most convenient option, but airports often offer less favorable exchange rates.
- Money changers in Bali: Many money changers are scattered throughout Bali, especially in tourist areas. Be sure to compare rates before exchanging your money.
- Banks: Banks generally offer better exchange rates than airports or money changers, but the process can be slower.
Tips for Getting the Best Rate:
- Shop around: Don’t just exchange your money at the first place you see. Compare rates at different airports, money changers, and banks to find the best deal.
- Avoid exchanging small amounts: The exchange rate might be slightly worse for smaller amounts of money.
- Consider using a travel debit card: Travel debit cards often offer competitive exchange rates and can be a convenient way to access your money in Bali. Just be aware of any associated fees.
Bonus Tip:
- Carry some small bills: It’s always handy to have some small Rupiah bills for tipping, taxis, or buying street food.
By following these tips, you can ensure you get the most out of your Australian dollars when you travel to Bali. Now you can focus on planning your itinerary and dreaming about those beautiful beaches!
