Understanding Bali's Currency

Bali uses the Indonesian Rupiah (IDR), denoted by Rp, as its official currency. Understanding the currency in Bali is essential for a smooth trip, whether you’re staying at a luxurious resort or exploring local markets.

What is the Currency in Bali?

The Indonesian Rupiah is the only legally accepted Bali currency. Before your trip, it’s a good idea to check the exchange rate to ensure you’re getting a fair deal. Many money changers in Bali offer competitive rates, but be aware of hidden fees and conversion fees that can affect your total. Knowing the currency in Bali helps you plan better and avoid common tourist pitfalls.

Banknotes and Coins

Bali money is issued 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.

Understanding the Indonesian Number Format

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

Also, it’s common to see prices written in shorthand, especially at local warungs (eateries), food stalls, and small shops. For example, Rp 45.000 might simply be written as “45” or “45k”, where the “k” stands for “ribu” (thousand in Indonesian). So, if a menu says “Nasi Goreng – 25k”, it means Rp 25.000.

Exchanging Money in Bali

Consider using a debit card or a prepaid travel money card to minimize international transaction fees. ATMs are widely available, but keep in mind international transaction fees. Use credit cards that offer dynamic currency conversion with Visa or Mastercard symbols. Credit cards are convenient for larger purchases, but always check if they’re accepted to avoid surprises.

Money Changers

Authorized Money Changers: These offer better exchange rates than ATMs and are safer than street vendors. Look for places like BMC and Central Kuta Money Exchange.

If you’re new to exchanging money in Bali or want detailed tips on avoiding scams, finding trusted locations, and understanding rates, be sure to read our Money Changers in Bali: A Comprehensive Guide.

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

Check Exchange Rates

USD

United States Dollar

Rp 16,806

AUD

Australian Dollar

Rp 10,713

EUR

Euro

Rp 19,133

JPY

Japanese Yen

Rp 119

GBP

British Pound Sterling

Rp 22,269

SGD

Singapore Dollar

Rp 12,813

MYR

Malaysian Ringgit

Rp 3,810

NZD

New Zealand Dollar

Rp 9,967

CNY

Chinese Yuan

Rp 2,301

CHF

Swiss Franc

Rp 20,641

Last updated: Thu, Apr 17, 2025, 12:00 AM (GMT)

Cash vs Cards in Bali

In Bali, cash is the preferred payment method for:

• Local market purchases
• Street food vendors
• Taxi rides
• Small businesses
• Attractions fee/ticket
• Tipping

On the other hand, credit cards are accepted at:

• High-end resorts
• Popular restaurants
• Shopping malls
• Tour operators (at major hotels)

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

Money Management Tips

ATM Usage:

• 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

• Relying solely on cards.
• Exchanging Bali money at unofficial locations.
• Carry only large bills.
• Making frequent small ATM withdrawals.
• Choosing to pay in your home currency instead of Rupiah.

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.