What is the local currency in Bali, and how do I manage money?

The local currency in Bali, as well as the rest of Indonesia, is the Indonesian Rupiah (IDR). When managing money in Bali, consider the following tips:

Exchange your currency for Indonesian Rupiah (IDR) at official money changers, banks, or authorised currency exchange offices to get the best rates. Avoid exchanging money on the street or at unauthorised vendors to prevent scams.

ATMs are widely available in tourist areas and major cities in Bali. Most ATMs accept international debit and credit cards, but it's essential to check with your bank regarding any international transaction fees or ATM withdrawal limits. Stick to ATMs located inside banks or reputable establishments to minimise the risk of card skimming.

Major credit cards like Visa and Mastercard are accepted at hotels, restaurants, and larger establishments in tourist areas. However, smaller shops, markets, and local eateries may only accept cash. Notify your bank of your travel plans to avoid any issues with card usage abroad, and inquire about foreign transaction fees.

While credit cards are accepted in many places, it's advisable to carry some cash for smaller purchases, transportation, and in case of emergencies. Always keep an eye on your belongings and be cautious when carrying large sums of cash, especially in crowded areas.

Plan your budget in advance and monitor your spending to ensure you have enough funds for the duration of your trip. Consider factors such as accommodation, dining, transportation, activities, and souvenirs when budgeting for your Bali trip.

By following these tips, you can effectively manage your money and enjoy a worry-free experience while exploring the beautiful island of Bali.