Use a currency converter to work out local costs in Indonesia. The information is updated automatically to give you the most recent market rates.
You can get the latest currency rates from an online currency converter.
Useful Money Tips For Your Trip To Indonesia:
- Indonesia’s currency is the Indonesian Rupiah. You may be able to pay with other currencies, such as US Dollars, but expect to be charged more.
- You are better off exchanging money to the local currency when you arrive in Indonesia. You will get a better rate. You may find it very difficult to buy any Rupiah in your home country anyway.
- ATMs are widely available in Indonesian cities, including Balikpapan, and most accept foreign credit and debit cards that are part of the major networks – Visa, MasterCard and so on.
- Always choose to withdraw money and pay in the local currency if offered.
- It’s quite possible you will be charged a fee when you withdraw money from an Indonesian ATM with a foreign card, in addition to your own bank’s foreign currency exchange fees. Check these costs with your bank before you leave.
- It makes sense to withdraw one large sum of money – 1,250,000 to 3,000,000 Rupiah is usually the maximum limit for most ATMs, with a total maximum of 6,000,000 Rupiah per day.
- Credit cards are also widely accepted in larger stores, hotels and restaurants, although you will often find there is a minimum charge. Carry a bit of cash for smaller transactions.
- The best way to save money is by getting a multi-currency debit card with companies like Transferwise or Revolut. You top-up the card from your home bank account and then exchange currencies through an app on your phone at a much better rate than you can get from ATMs or money exchange booths. That way you can have a Indonesian Rupiah balance on your card and use it in restaurants etc without having to pay foreign transaction fees.
