Currency Exchange in Bali: Things you should know about

While traveling to the tropical paradise, you should know about the best place to exchange currency in Bali. So, why not understand everything in detail before you book your Bali trip packages? 

So, let’s know more about the currency exchange in Bali and how it can be done easily. While traveling to such places, this information will definitely help you explore the different places in Bali without any hassle.

Understanding the Local Currency

Where to Have Currency Exchange in Bali

Ngurah Rai Airport Money Changers

However, it’s advisable to exchange enough money to cover your immediate expenses, such as taxi fares and transportation to your hotel. A reasonable amount to exchange would be around Rp 500,000 (approximately US$40).

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Recommended Money Changers in Bali

• PT Central Kuta: With multiple branches in popular areas like Kuta, Legian, Seminyak, Nusa Dua, Ubud, Sanur, and Denpasar, PT Central Kuta is known for its competitive rates, no commissions, and excellent service. Their head office is located on Kuta’s Sunset Road, while the busiest office is situated on Jalan Raya Kuta.

Opening Hours: Head office daily from 7.30am to 1am

Location: Jalan Sunset Road No.168, Seminyak, Badung, Bali 80361

Tel: +62 (0)361 4741 940

• PT. Dirgahayu Valuta Prima: Also known as Bali Best Rate, PT. Dirgahayu Valuta Prima has been operating since 1984. They have branches in Kuta, Sanur, Ubud, and near Tanah Lot Temple. It’s worth noting that they require a valid passport or ID for each transaction at their branches.

Opening Hours: Varies by branch

Location: Jalan Subita No. 21X, Denpasar, Bali 80236, Indonesia

Tel: +62 (0)361 237 015

• PT Bali Maspintjinra: Commonly referred to as BMC, PT Bali Maspintjinra has been in the currency exchange business since 1993. They have branches in Kerobokan, Legian, Sanur, and Ubud. Look out for their main office on Jalan Raya Seminyak, easily identifiable by the large roadside mural of a US dollar banknote.

Opening Hours: Daily from 8am to 9pm

Location: Jalan Legian No.141, Legian, Kuta, Badung, Bali 80361, Indonesia

Tel: +62 (0)361 730989

Tips for Currency Exchange in Bali

• Check Rates Online: Having access to mobile internet during your travels in Bali allows you to check the latest exchange rates online. This knowledge will help you identify whether the rates offered by money changers are reasonable.
• Beware of Too Good to Be True Offers: While some money changers may advertise amazing exchange rates with no commission, it’s important to be cautious. If a rate appears too good to be true, it’s advisable to exercise caution and double-check the authenticity of the money changer.
• Inspect Your Bills: Money changers in Bali often scrutinize the quality of your bills, particularly when exchanging US dollars. Ensure that your bills are newly issued, clean, and free from any creases or tears. Damaged bills may be rejected.
• Count Your Money Carefully: Always count your money in front of the money changer before leaving the counter. Take your time to ensure that the correct amount has been given to you.

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Currency Exchange Rates in Bali

In conclusion, currency exchange in Bali is a straightforward process when you choose reputable money changers and follow a few essential tips. By exchanging your money at recommended establishments, you can ensure competitive rates, excellent service, and a secure transaction. Enjoy your time in Bali and make the most of your currency exchange experience!