Planning a trip to Bali? This gorgeous Indonesian island is famous for its stunning beaches, delicious food, and rich culture. But before you pack your bags, there’s one important detail to consider: currency.
The official currency of Bali is the Indonesian Rupiah (IDR). You won’t be able to use US Dollars, Euros, or Australian Dollars for everyday transactions. While some high-end establishments might accept foreign currencies, Rupiah is the only legal tender.
Here’s a quick rundown on what you need to know about using Rupiah in Bali:
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Bills and Coins: Rupiah comes in denominations of 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 75,000 and 100,000 Rupiah bills. There are also coins in denominations of 50, 100, 200, 500, and 1000 Rupiah.
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Exchange Rate: The exchange rate fluctuates, but it’s currently around 1 USD to 15,000 IDR and 1 AUD to 10,000 IDR. This can give you a rough idea of how much Rupiah you’ll need for your trip.
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Exchanging Currency: You can exchange your currency for Rupiah before you travel or upon arrival in Bali. There are currency exchange booths at the airport and throughout the island. Be sure to compare rates before exchanging your money.
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ATMs: ATMs are widely available in Bali. Using your debit card at an ATM can be a convenient way to access Rupiah. Just be aware of any fees associated with international withdrawals.
Travel Tip: When shopping in Bali, it’s always a good idea to bargain a little, especially at markets and with street vendors. Prices are often quoted in Rupiah, so having a good understanding of the exchange rate will help you get the best deal.
By familiarizing yourself with Rupiah, you’ll be well on your way to a smooth and enjoyable experience in Bali!