Bali Currency

   Indonesian Rupiah Exchange Rate

Bali currency, as well as the currency throughout the rest of Indonesia is the Rupiah; one Australian dollar is worth approximately 9,000 Rupiah. Always check local newspapers or the internet for current exchange rates, published daily. Commonly used banknote denominations are Rp.100,000; Rp.50,000; Rp.20,000; Rp.10,000; Rp.5,000; and Rp.1,000. Be careful when shopping, as bank notes in circulation are a mix of old and new designs.

When travelling to Bali, bring a bank credit card such as Visa or American Express; travellers’ cheques in Australian, US, or major European currencies; and some Australian, US, or European banknotes. Travellers’ cheques can be cashed at money changing booths in most mid-size cities; however, banks will often only accept cheques in US dollars and hotels will likely give you a poorer rate of exchange. Wherever you cash cheques, be sure to ask first if there is a surcharge. Cash may yield a better exchange rate, but of course cannot be replaced if lost.

Unless you are staying in a very basic home-stay or dorm accommodation, you will likely want to use a credit card to pay your hotel bill. Credit cards are also usually accepted at large shops and restaurants, travel agencies and tourist businesses such as art galleries. However, in smaller Balinese shops or when buying from beach vendors, cash is best, as you can usually haggle for a better deal; in fact, bargaining is expected in Bali. Popular souvenirs from these vendors and shops include gamelan music tapes, silver jewellery, woodcarvings, and sarongs. Hotels vary in their tipping policies, and many add a surcharge to services. Tips are usually welcome but not expected.