Bali is not a country name. Bali is one of a small island in Indonesia. Bali is part of the Indonesia country territory. Indonesia itself is one of the biggest archipelago country in the world. Thus, as Bali is a part of the country of Indonesia, the use of the money for all transaction in Bali is using Indonesian Rupiah (IDR). There is no Bali money. The right one is Indonesia money. But, to make it easy, it is okay to just say Bali money instead of Indonesia money. The point is you know about it.
Often when we just meet with our guest at the airport or at the hotel, and time to pay for the car rental, they asked us "How much is $100 in Bali money?"
Those amount of USD100 is only the example. The real amount is vary; sometime less than $100 and sometime more than that amount. Its depend mostly on how many day and which car rental they ordered.
However, the most important one is they asked for how much in Bali money if they pay in local currency instead make payment in US Dollar or other foreign currency.
It is important to know that when you will make payment in Bali, in this case is for car rental payment, the name of Bali local currency called Rupiah. Indonesian Rupiah. The code of the currency is IDR.
Please be noted it is not Rupee, as Rupee refers to the country of India.
Rupiah is accepted all across the island. Whether at restaurants, bars, taxies, car rentals, spas, hotels, shopping centers, merchandise shops, markets, etc.
1. Get cash in Rupiah before leaving for Bali. You can find the nearest-favorite money changer in your country and change your money into Rupiah. After you have got some cash in Rupiah then you are ready to fly to Bali.
2. Another way is change into Rupiah after you landed in Bali. Get some Rupiah cash right away at Bali airport money changers, or find another one outside the airport (which is absolutely offering a good rate than the one at airport).
3. By withdrawing the money from the ATM in Bali. There are available ATM counters at Bali airport. Or you can just get it later at the ATM counters outside the airport which is many available at main streets and some big hotel or shopping center area..
1. Rp 100.000 (Seratus Ribu Rupiah - One Hundred Thousands Rupiah)
2. Rp 50.000 (Lima Puluh Ribu Rupiah - Fifty Thousand Rupiah)
3. Rp 20.000 (Dua Puluh Ribu Rupiah - Twenty Thousand Rupiah)
4. Rp 10.000 (Sepuluh Ribu Rupiah - Ten Thousand Rupiah)
There are actually smaller denomination such as Rp 5.000, Rp 2.000, Rp 1.000 and so on. But if you have just the first big four as listed above then you are good to go.
On your first day in Bali, it is advised to just holding the most biggest denomination, Rp 100.000. That is the one which the money changer will give you when you change the money. The same one when you withdraw it from ATM.
After day by day, when you make payment for your e.g. car rental or buy drinks from convenience conter or eat at restaurant you will have some smaller denomination. You will get some return money from them. It could be in Rp 50.000, or Rp 20.000, or Rp 5.000 and so on.
When you are in Bali, it is advised to bring for both Dollar and Rupiah. Dollar is important to bring as the transaction, usually in the big hotels and restaurants. But Rupiah is more important to bring. Shopping store and merchandise shops at most places of interest in Bali is prefer to receive payment in Rupiah.
By the size, the dimension of Rupiah money is at the same size with US Dollar. But it is smaller than Euro.
Check out on our Bali Money Currency Converter page, you can see the convertion between the Dollar and the Rupiah, real time. From that page you can have the real time calculation of how much you must be pay for your Bali car rental in Rupiah. Please be noted the exchange rate between the currencies is always changing almost everyday, but not much.
So, once again what is Bali money called? Yes, it's Rupiah (IDR)!
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