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Currency in Bali
The Indonesian Rupiah is the currency of Indonesia. The currency code for Rupiahs is IDR, and the currency symbol is Rp.
You will always get a better exchange rate if you wait to change your money once you land in Bali. If you are nervous about arriving with no currency you can always exchange a little amount of money before you leave for Bali (in Australia we recommend doing this at Australia Post as they have no fees).
When in Bali it is very important to only every change your money at safe, well known locations. Never be tempted by street money exchangers advertising a very high exchange rate. These pedlers are like magicians – they willl literally make your money disappear before your eyes! Some of our favourite places to exchange money are below:
BMC banks LOCATIONS
Central Kuta Money Exchange LOCATIONS
Card skimming is happening more and more all over South East Asia and there have been 1000s of reports of this happening in Bali also. If you are going to use an ATM machine in Bali be sure it is one in a very public area and preferably one that has a security guard or is in a resort or shopping mall. Avoid using ATMs at Minimarts or Circle K’s.
When using your card also check with your bank before you leave your country about fees associated with withdrawing money internationally. The maximum amount you can withdraw at most Bali ATMs is 2,000,000 Rp (approx $200 AUD).