1 thousand Indian rupees to Indonesian rupiahs Exchange Rate Convert INR IDR
Currently, the VAT in Bali is at 11% and this can certainly add up to a good amount in return. The minimum you will need to spend on goods to get your money back, is 500,000 IDR or about $32. You will probably rent a scooter at some point during your trip. If you take a scooter to the beach or a temple, you may find an attendant that charges 3,000-5,000 IDR for parking. Keep a small amount of Indonesian currency with you for smaller things like entrance fees and snacks.
Also, there are some restaurants that may have a service charge already included. In this case, don’t worry about adding anything extra. You can either head to these banks that have normal hours or simply go to one of the ATMs that are available 24 hours a day. Seriously, you need one, and not just for your Bali holiday but for travelling 1rs in bali currency anywhere. I’ve written a separate article on why the Wise Debit Card is the best for travelling. That’s why something that cost around AUD$10 translates into an IDR 100,000 banknote.
Denominations of Rupiah
You can also look up the real-time exchange between the Indonesian Rupiah and the Australian Dollar, Euro and almost every other international currency. Because exchange rates change so frequently, and every provider offers different rates it’s hard to say the cheapest way and place to exchange currency. You’ll want to be wary of unscrupulous money changers!
Upon departure, you will show your receipts to the customs office in Denpasar airport to receive your money back. Arrive at the airport early ensure you have time to claim your money back in Bali. The way to get this money back is to keep any receipts over 50,000 IDR and bring them with you to the airport.
Rules for Withdrawing Money at ATMs in Bali
Some banks offer currency exchange, but it’s not as common as you might think, as so many people have moved over to card usage overseas. Major banks like ANZ and Westpac, for example, no longer sell or buy foreign cash. Instead, they refer customers to their prepaid travel money card, or suggest you use your credit or debit card to pay when abroad. Going to a money exchange office can be a quick way to get your hands on foreign currency cash. Exchange rates and fees do vary widely, so you’ll need to shop around.
- Although some large hotel and tour operators will accept them, I don’t recommend this as the exchange rate they charge is not nearly as good as using a money changer.
- Let’s walk through the cash notes and coins you’ll find in circulation in Bali so you’re prepared.
- While physical money in Bali is king, you can by card too – but not everywhere.
- If you are visiting Bali during any bigger public holiday or festival, make sure you withdraw cash ahead of time.
INR to IDR – Convert Indian Rupees to Indonesian Rupiahs
The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. With this guide you will know all the top dos and don’ts for using your money in Bali, keeping you out of trouble. Money is probably one of the most important things to have on hand during your holiday in Bali. You’ll also want a back up plan in case things go awry – e.g. losing your card. That’s a good question – especially for a place where you’ll need a lot of cash. The main dominations of notes are as follows; Rp 2,000, Rp 5,000, Rp 10,000, Rp 20,000, Rp 50,000 and Rp 100,000.
The stronger dollar means the exchange rate is very beneficial if you are visiting from the United States. Use a currency converter to convert dollars to Indonesia currency or vice versa. Due to the intensive trading of currencies, the exchange rate changes often during the week. As with other assets like gold or stock, this causes price fluctuations.
This is especially true for businesses that rely on large investments and have foreign investors as partners. The final price in IDR will then be calculated using the current USD – IDR exchange rate. The 100,000 Rupiah note is the largest and is worth approximately AUD$9 or USD$7 at the time of writing (see the currency exchange table below for real-time rates).
Indian Rupee to
When planning a trip to Bali, you are probably wondering about the currency and all things related to money in Bali. This post was created to help you find the best exchange rate, know how much cash you need to keep on hand, and where to find safe ATMs. You can check the current USD to IDR exchange rate here.
When you’re in a new country, having a brand new currency to get your head around can be confusing. While physical money in Bali is king, you can by card too – but not everywhere. I would recommend coming at least 2 hours earlier to be on the safe side. You need to arrive that early for an international flight anyway.