Accordingly, the smallest notes and coins have also disappeared from common payment transactions. Bali is a place of longing and a vacation paradise at the same time. The island in the Indian Ocean offers mild temperatures throughout the year, and of course, tourism between waves, palm trees and temples is also very important.
For example, forty-five thousand Rupiah is written as Rp 45.000, not Rp 45,000. This format of Bali money can be confusing at first, so it’s something to watch out for when checking prices. Wise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference , for the issuing of electronic money.
Whether you need to make cross-border payments or FX risk management solutions, we’ve got you covered. Schedule international transfers across 130 currencies in 190+ countries. Food is another area where you will likely find that Bali is more expensive than India.
Even the smallest two coins (25 and 50) are rarely used for payments. That’s why I definitely recommend using an authorised money changer, and you can find out everything you need to know from my article about safely using Money Changers in Bali. I use it constantly to transfer money to and from my home bank accounts and even to other people’s bank accounts in other countries.
- The most popular place is the money exchange booth at the airport.
- While hotels in Bali are very comfortable, they often offer unattractive exchange rates.
- Make sure to have Indonesian rupiah on you when you go out, especially if you plan on buying anything from a street vendor.
- Before your trip, it’s a good idea to check the exchange rate to ensure you’re getting a fair deal.
- Outside of the tourist centers, credit cards are not as widely accepted as travelers may be accustomed to in other parts of the world.
Convert Indonesian Rupiah to Indian Rupee
While the US dollar is often also accepted as a means of payment in other Asian countries, paying with foreign currency is rather unusual in Bali. Cash payments in US dollars are usually not accepted and if they are, then only with a print date after 2001. In Indonesia, a period (.) is used to separate thousands, unlike the comma (,) commonly used in Western countries.
- This option is especially beneficial for travelers seeking a secure way to carry funds while exploring Bali.
- So, while a certain amount of currency may be worth more in one country than another, this may not actually reflect the cost of goods and services in those countries.
- Even if you don’t carry a lot of cash, tourists should expect the currency to be on a different scale than in their home country.
- The official currency used in Bali is the Indonesian Rupiah (IDR).
Credit cards are convenient for larger purchases, but always check if they’re accepted to avoid surprises. While larger establishments accept credit cards, many small vendors, local eateries, and markets only take cash. Having currency in Bali on hand ensures you can cover these expenses without any trouble. This is why understanding the currency used in Bali is critical for all visitors.
Indian rupee to Indonesian rupiahs
Make sure to have Indonesian rupiah on you when you go out, especially if you plan on buying anything from a street vendor. The second is that the exchange rate varies depending on the place. It is always a good idea to compare rates before exchanging money. Understanding the currency in Bali, Indonesia is crucial when planning a trip to this tropical paradise. The official currency used in Bali is the Indonesian Rupiah (IDR). Knowing how to exchange, use, and manage this currency can save you money in Bali and ensure a hassle-free experience.
In Bali, you can expect to pay more for both local and international cuisine. However, there are a number of affordable restaurants, and you can also buy food from local markets to cook yourself. The denominations for notes are 100, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000 and 100,000. However, the smallest two notes are very rarely used and are more likely to be paid out in coins. Coins are available in denominations of 25, 50, 100, 200, 500 and 1000 rupiah.
Visa Extension Bali: Complete Guide to Extend Your Visa on Arrival, VOA, and Tourist Visa in 2025
Other places to exchange money 1rs in bali currency include banks, hotels, and tourist areas. While hotels in Bali are very comfortable, they often offer unattractive exchange rates. The situation is different with the exchange offices, which usually offer very good rates.
This guide covers everything you need to know about handling travel money in Bali, from exchange rates to money-saving tips. Although some tourist-oriented businesses may accept foreign currency like USD or AUD, it’s always better to use the currency in Bali, the Indonesian Rupiah. Paying in Rupiah ensures you avoid unfavorable exchange rates and simplifies transactions. Outside of the tourist centers, credit cards are not as widely accepted as travelers may be accustomed to in other parts of the world. Although credit cards are often accepted, it is advisable to carry some cash in your wallet, especially when touring the more remote regions.
Taxi fares are generally more expensive than in India, but there are a number of other options available, such as buses and motorbikes. Accommodation is one of the main areas where you will notice a difference in prices. Bali hotels and resorts are typically more expensive than those in India, although there are some exceptions. The “Indonesian rupiah” is the official currency of the Indonesia. This option is especially beneficial for travelers seeking a secure way to carry funds while exploring Bali. ATMs are widely available in tourist areas, making it easy to manage your money.
Understanding Bali’s Currency
Familiarizing yourself with these denominations will help you handle currency in Bali more confidently. In different parts of India, the currency is known as the rupee, roopayi, rupaye, rubai or one of the other terms derived from the Sanskrit rupyakam. That’s why something that cost around AUD$10 translates into an IDR 100,000 banknote. So getting sticker shock from a restaurant bill of AUD$100 is understandable when it says you need to pay 1,000,000 Rupiah. Transportation is another expense to consider when travelling to Bali.
These days, Bali attracts not only tourists from Indonesia, Australia and Asia, but is also particularly popular with Europeans. Indonesian Rupiah comes in denominations of 2,000, 5,000, 10,000, 20,000, 50,000 and 100,000 rupiah banknotes. In general, however, 100rs is equivalent to approximately USD$2.50. Therefore, 100rs can be used to purchase a variety of goods and services in Bali, depending on the local market prices.
If you’re looking to exchange your money for rupiah, it’s best to do so at a bank or money changer. Be sure to ask about the exchange rate before you make any transactions, as rates can vary. You can also find out the latest exchange rate by checking websites such as xe.com. For example, some restaurants and hotels in Bali do accept rupees, and there are a few currency exchange booths that also accept rupees. If you are planning to visit Bali, it is best to bring along US dollars or euros instead. The most popular place is the money exchange booth at the airport.
Does Bali accept US dollars or other foreign currencies?
The currency used in Bali is the Indonesian Rupiah (IDR), symbolized as “Rp.” This is the official currency in Bali and all of Indonesia. It is used for all financial transactions, including accommodation, food, shopping, and transportation. Familiarity with the currency in Bali is essential for budgeting and avoiding confusion when paying for goods and services.
