Currency in Bali: A Full Guide 
The official currency in Bali (and all of Indonesia) is Indonesian Rupiah (IDR). In this article, we’ve put together everything you need to know about Indonesian Rupiah and share some tips on how to get the best deal on your conversion from AUD to IDR.
Before you head to Bali, learn about:
- Using a Card in Bali
- Can you use Australian Dollars in Bali?
- How to buy Indonesian Rupiah before your trip
- How to buy currency when you get to Bali
- What Indonesian notes and coins look like
What currency is used in Bali?
Bali is part of Indonesia, and so the official currency there is Indonesian Rupiah. Indonesian Rupiah is shortened to the code IDR online and in currency exchange offices, and you’ll often also see it written as Rp on menus and in stores.
Can you use Australian dollars in Bali?
No, you can’t.
While we travel to Bali and Indonesia very frequently, you cannot use Australian dollars in Bali. Just like you can’t use Indonesian Rupiah here! The rest of this article has some information about how you can convert currency for your holiday.
Using a card in Bali
Using a travel money card to spend and make cash withdrawals in Bali can be convenient and safe. You won’t need to carry around all your holiday money in cash, and the fact your travel money card isn’t linked to your normal AUD everyday account can also add an extra layer of security.
Travel money cards are available from banks and specialist digital providers, and often offer the option to hold a broad range of currencies for convenient spending in Bali and beyond. However, fees usually apply to some transactions, including some charges when you switch currencies from AUD to the local currency in your destination. You’ll need to weigh up a few different options to find the travel money card that’s right for you – we’ll cover a couple to consider, next.
Wise travel debit card
- Hold 50+ currencies, including AUD and IDR
- Currency exchange uses the mid market rate with low fees from 0.43%
- Accepted in 170+ countries, including Indonesia, wherever the card network is supported
- If you don’t have the balance you need, your card will switch to the local currency automatically at the point of payment
- Physical and virtual cards available
- 10 AUD fee to get your card
- Some ATM fees apply once fee free withdrawal allowance is exhausted
- Variable currency conversion fee
Revolut travel debit card
- Hold and exchange 25+ currencies
- Some free currency exchange every month
- Globally accepted wherever the network is supported
- Pick the account plan to suit your usage and needs
- Physical and virtual cards available
- Monthly fees apply to higher tier accounts
- IDR not supported for holding
- Fair usage and out of hours fees may apply, depending on how you use your account
Is it cheaper to convert currency in Australia or Bali?
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.
Having said that, because Bali sees so many Australian tourists every year it is one instance where you might find you’re better off if you exchange your currency when you get to Bali. Get familiar with the exchange rates offered locally to you, and online, so you can decide whether it’s worth switching some funds in advance of travel, using a card to pay while you’re away, or converting cash on arrival.
Both in Australia and in Bali, steer clear of exchanging currency at the airport. A captive market means that rates are often worse in the airport than in city centres.
To find the best place to buy IDR, you can read our guide here.
Buying Indonesian Rupiah before your trip
If you want to set your travel budget in advance, you may prefer to buy your IDR before you leave home. Here are a few options you might consider.
Using a travel card
Order a travel card online or in a store for your trip to Bali, depending on the provider you pick, and top up in either AUD or IDR before you travel. Your exact options will depend on the specific card, as holding a balance in IDR isn’t always available. However, a travel card can still be convenient and secure. Just tap to pay in stores, and take out cash as and when you need it, rather than carrying all your travel money with you on departure.
Check out Wise as a travel card you can use to hold and exchange IDR with low fees and the mid-market rate – or try Revolut as a convenient card you can top up in AUD and use in Bali easily.
This is a convenient way to buy currency but you need some time. You can choose where to pick the order up from, and in some instances can get home delivery. When you order with Travelex, you can choose to order cash, a prepaid Travelex Money Card or both!
Collect at a Travelex store or airport
- You can pay by Bpay, card or PayID
- Online rates can be better than in-store rates
- Pick up at a broad selection of locations including airports
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. Watch out in particular for exchange services which state there’s no commission, as the costs may simply be added into the exchange rate being used instead.
Find some of the best currency exchange options by location, here.
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.
Yes, you can buy currency at the airport. But that doesn’t mean you should. While it’s convenient, it’s also very expensive. If you have run out of time before your trip, you might find you get a better rate and lower overall costs if you make an ATM withdrawal on arrival in Bali instead.
How to exchange currency in Bali
If you decide to buy your currency when you get to Bali, the first thing you’ll need to do is make sure you have Australian dollars in cash. This way you can exchange it when you get there.
Similar to in Australia, it’s best to avoid buying currency at the airport or your hotel, and better to head to a busier area where competition can push prices down.
There are many money exchange booths you will find in the streets of popular areas. Just make sure you’re careful counting what they give you.
What is the currency of Bali?
Let’s walk through the cash notes and coins you’ll find in circulation in Bali so you’re prepared.
Denominations of Rupiah
Whether you change money in advance, on arrival, or simply use your card to pay when you’re in Bali, you’ll soon become familiar with the notes and coins you’re handling.
Indonesian Rupiah notes are very different to our currency in Australia. They are made up of:
Rp2,000, Rp5,000, Rp10,000, Rp20,000, Rp50,000, Rp100,000.
There are quite a few coins in Indonesian currency. The coins in circulation in Indonesia are:
Rp50, Rp100, Rp200, Rp500, Rp1,000.
How much does a trip to Bali cost?
A trip to Bali could mean anything from a homestay in the hills, to enjoy peace, yoga and some gentle hikes, through to a high end beach hotel for the sunsets, cocktails and surf. The good news is that this means there’s something in Bali for every budget. Here’s a brief outline of the typical costs to help you plan.
- Visa cost: Visa on Arrival for trips of 30 days or less, 50 AUD
- Transport in Bali: Local bus journeys are under 0.5 AUD
- Taxi: Around 1 AUD per kilometre – Grab (Asia’s Uber) is also available
- Car hire: from around 65 AUD/day
- Room at a hotel: Very varied based on hotel class
- Dinner at a mid- range restaurant: 2 people can eat a 3 course meal for around 35 AUD or less
Track AUD-IDR exchange rate
Before you travel to Bali it’s worth getting to know the exchange rates you can expect when you’re there. While rates move around all the time, the mid-market exchange rate for your currency pair is always a good place to start. It’s the rate that banks and currency exchange services get when they buy and sell currencies on global exchanges, so a good benchmark.
Get the Currency Shop’s exchange rate tracker so you can keep an eye on mid-market AUD/IDR rates and make your money work for you in Bali.