For the first-timer tourist that comes to Bali, knowing a good, safe, and legal money changer is one of the things to be looking for. Since all transactions in Bali are mostly using Indonesian currency which is Indonesian Rupiah (IDR) you should prepare your Rupiah before heading to Bali.
The Rupiah will be very confusing since we got 1,000 – 2,000 – 5,000 – 10,000 – 20,000 – 50,000 and 100,000 rupiah and also coins are available. Despite all the money,
it will be printed in different colors so it is better if you memorize the color to get used to it. All the zeros can be very confusing so be careful about the bills when you buy goods.
You will find there are a lot of money changers in every road displaying a low currency rate with the words “Authorized Money Changers” and “No Commissions”. It is recommended to keep in mind the most recommended money exchanges in Bali and avoid small kiosks for money exchange.
We will recommend you the safety money changer you can trust!
- Central Kuta Money Exchange
If you are staying in Kuta Area, we recommend you to go to Central Kuta Money Exchange, the most reliable and professional money exchange. They will ensure you for the secured foreign exchange transactions that are always up to date from day by day comes from the system. Central Kuta Money Exchange has branches in Seminyak, Canggu, Nusa Dua, Tanjung Benoa, Jimbaran, Uluwatu, Denpasar, Sanur dan Ubud so wherever you are you will easily find Central Kuta Money Exchange.
- BMC Money Changer
The next one is the BMC Money Changer. Mostly you will find BMC Money Changer if you are within the Seminyak Area. You will find the big BMC fonts with blue and red light from outside. They have branches in 2 places in Kerobokan however, the main office you will find in Petitenget street, Seminyak. They provide safety, great customer service, and also special rates for specific amounts of exchange. It might be beneficial for both sides.
- PT Dirgahayu Valuta Prima
Unlike Central Kuta Money Exchange, PT Dirgahayu Valuta Prima is considered one of the oldest money exchanges in Bali. For more than three decades they have been helping so many travelers to do exchange currency with no commission. The safety and the comfortable transaction also guarantee since police officers will guard in some of the outlets. They also have branches in every place from Sanur, Denpasar, Tabanan, Kuta, and Ubud.
Every transaction in Bali is mostly in cash. While you are eating in Warung ( local home-cooked food), paying the drivers, or buying beer on the beach. So, be prepared for your cash every time since cards mostly accepted only in a proper restaurant or hotel. From the list above, we hope you have a safe and comfortable transaction with great rates. They all have their own website so you can take a look and do research for the updated currency before you go to one of them. We hope it helps!