Understanding Bali's Currency

Bali uses the Indonesian Rupiah (IDR), written as Rp, as its official currency. Whether you’re staying in a luxury resort or exploring local markets, understanding how Bali’s currency works will help you avoid confusion and manage your budget more effectively.

What is the Currency in Bali?

The Indonesian Rupiah is the only legally accepted currency in Bali. Before you travel, check the latest exchange rate so you know what to expect when converting your money. Many authorized money changers offer competitive rates, but always watch out for hidden fees or unfair conversion practices.

Banknotes and Coins

You’ll find Rupiah in the following denominations:

• Banknotes: Rp 1.000, Rp 2.000, Rp 5.000, Rp 10.000, Rp 20.000, Rp 50.000, Rp 100.000.
• Coins: Rp 100, Rp 200, Rp 500, Rp 1.000.

Larger notes such as Rp 50.000 and Rp 100.000 are commonly used in tourist areas, while smaller bills are essential for markets and street vendors.

Understanding the Indonesian Number Format

In Indonesia, a period (.) is used to separate thousands, unlike the comma (,) commonly used in Western countries.

For example:

• Rp 45.000 = forty-five thousand Rupiah
• Rp 100.000 = one hundred thousand Rupiah

You may also see shorthand pricing:

• 45k or 45 = Rp 45.000
• 25k = Rp 25.000

This shorthand is common in local warungs, food stalls, and informal shops.

Exchanging Money in Bali

You can exchange money through banks, ATMs, or trusted money changers. Consider using:

• Debit cards with low foreign transaction fees
• Prepaid travel cards
• Credit cards (Visa or Mastercard)
  Use credit cards that offer dynamic currency conversion with Visa or Mastercard symbols.

ATMs are widely available, but international withdrawal fees vary by bank, so check beforehand. Credit cards are convenient for larger purchases, but always check if they’re accepted to avoid surprises.

Authorized Money Changers

These offer better exchange rates than ATMs and are safer than street vendors.

Reliable options include:

• BMC Money Changer
• Central Kuta Money Exchange

Tips for Using Money Changers:

• Only use authorized money changers with proper signage and security cameras.
• Check the exchange rate against online rates (e.g., XE.com) to ensure it’s fair.
• Avoid places offering rates significantly better than the market rate, as they might be scams

For a detailed guide, read our Money Changers in Bali: A Comprehensive Guide.

Cash vs Cards in Bali

Cash is still the most widely used payment method in Bali, especially in local and rural areas. You’ll need cash for:

• Local market purchases
• Street food vendors
• Taxis and private drivers
• Parking and entrance fees
• Tipping

On the other hand, credit cards are accepted at:

• Hotels and beach clubs
• Upscale restaurants
• Shopping malls
• Major tour operators

Some establishments may charge an additional 2-3% card fee for card payments.

Is it Necessary to Carry Cash in Bali?

Yes, you should always carry some cash in Bali, even though card payments and e-wallets are becoming more common across the island. Cash remains essential for many daily transactions, especially when you’re exploring outside major tourist hubs.

When You’ll Need Cash

Carrying cash is important for:

• Small purchases at local markets
• Street food stalls and warungs
• Taxi rides (especially Blue Bird taxis or private drivers)
• Temple donations and entrance fees
• Parking fees
• Small shops in rural or less touristy areas
• Tipping service staff, porters, and drivers

Most of these places either don’t accept cards or have unreliable payment terminals due to fluctuating internet connectivity.

When Cards Are Usually Accepted

You will typically be able to use credit cards or digital payments at:

• Resorts and hotels
• Upscale restaurants and beach clubs
• Shopping malls
• Tour operators and activity centers
• Major convenience stores (Circle K, Indomaret, Alfamart)

Be aware that some businesses may add a 2–3% surcharge for card payments.

How Much Cash Should You Carry?

For most travelers, carrying around Rp 200.000 – Rp 500.000 (about USD $13–$33) per day is usually enough for small spends like snacks, tips, and transport. If you plan to visit local attractions or pay entrance fees, budgeting Rp 100.000–Rp 300.000 extra is helpful.

Avoid carrying large amounts of cash unless necessary. Keep bigger bills in a separate, secure pocket or your hotel safe.

Cash Safety Tips

• Keep small bills handy for daily purchases.
• Split your cash between different pockets or bags.
• Use a hotel safe for larger amounts.
• Don’t flash large amounts of money in public.

Money Management Tips

Using ATMs

• Use ATMs in secure locations like hotel lobbies and shopping malls.
• Avoid standalone street ATMs.
• Decline ATM currency conversion offers.
• Cover the keypad when entering your PIN.

Currency Exchange Best Practices:

• Exchange Bali currency at licensed banks or authorized money changers.
• Try to avoid exchanging at airports and hotels, as their rates are typically high.
• Break large bills at supermarkets or hotels.
• Keep smaller denominations handy for daily purchases.

Safety and Security:

• Divide cash between different secure locations.
• Use hotel safes for larger amounts.
• Carry only necessary daily cash.
• Keep small bills in an easily accessible wallet.
• Store larger bills more securely.

Common Mistakes to Avoid

• Using unauthorized money chargers.
• Withdrawing small amounts frequently (high fees).
• Paying in your home currency instead of Rupiah.
• Carrying only large bills.
• Assuming all places accept cards.

Planning Your Budget

For easy calculation, remember:

• 1 USD ≈ 15.000 IDR.
• Keep small changes (Rp 5.000, Rp 10.000, and Rp 20.000) for basic shopping.
• Larger establishments prefer Rp 50.000 and Rp 100.000.

Understanding and managing your Bali money effectively can help you have a hassle-free and enjoyable experience in Bali.