Is Bali expensive? Bali RMB exchange in 2018

In fact, everyone should have a deep impression about Bali. After all, the attractions here are really good, but what the editor wants to tell you is about the currency exchange and consumption in Bali. In fact, the consumption in Bali It’s quite high, as it’s also a tourist attraction after all. Currency

The currency of Indonesia is the Indonesian rupiah (Rp, referred to as rupiah). The exchange rate is roughly 1 RMB = between 1800 rupees and 1900 rupees, and 1 US dollar = between 13000 rupees and 13500 rupees. It is recommended to bring your UnionPay card to a local ATM to withdraw cash, or directly bring RMB to exchange locally. For local exchange, it is recommended to exchange it at the airport or a regular store on the street. The exchange rate in hotels is generally low.

UnionPay cards can be used to withdraw Indonesian rupiah at all ATMs of HSBC, Citibank and BCA Bank in Indonesia. The handling fees vary from bank to bank, so it is recommended to consult the bank.

An important point! If you want to withdraw cash from a local ATM, remember to bring a card with a magnetic stripe. A simple chip card cannot be used locally! Remember, a magnetic stripe card! The original poster Just because I brought a pure chip card, all the ATM machines could not recognize it. Credit Card

There are not many shops and restaurants that accept UnionPay, and many hotels can only pay with international credit cards. It is best to bring a credit card marked with Visa or Master.

Be sure to keep your credit card out of your sight. Credit card fraud is very serious in Southeast Asia. You can use a piece of black tape to tape the CVV2 three-digit security code on the back of the card to prevent the security code from being memorized and then used fraudulently.

General stores in Bali support direct payment by Visa and Mastercard. Therefore, you can choose to pay by credit card in places such as Kuta and Jimbaran where travelers gather to avoid carrying a large amount of cash with you. Tips: It is recommended to use UnionPay card to withdraw cash at the airport when you arrive in Bali. This is the highest exchange rate and safest way. When spending money on the island, you can swipe your card as much as possible. When you apply for a Hua Xia Card, there is no handling fee for the first payment every day. Currency exchange

The main currency unit in Indonesia is the Indonesian rupiah (Rupiah, abbreviated as Rp), and the currency code is IDR.

The denominations of Indonesian rupiah banknotes are relatively large, with many zeros. When used locally, it is usually said how many thousand. 1 RMB is approximately equal to 2,000 Indonesian rupiah, so a quick conversion method is to remove three zeros from the Indonesian rupiah, and then divide it by 2 to get almost the price of RMB.

The U.S. dollar exchange rate is better than the direct exchange rate of RMB, so I exchange the U.S. dollars in China and exchange them for Indonesian rupiah locally in Indonesia. Some bank ATMs in Indonesia also support UnionPay, so you can also use domestic bank cards to withdraw money locally.

In many places in Bali and the Gili Islands (especially B&Bs, small hotels, and dive shops), you need to pay an additional 3% handling fee when swiping your credit card, so please ask before swiping your card. Consumption

The main currency in Bali is Indonesian Rupiah (IDR). The face values ??of banknotes are

2000, 5000, 10,000, 20,000, 50,000 and 100,000 rupiah; the face values ??of coins are 50, 100, 500 and 1000 rupees.

1 RMB ≈ 1,937.41 rupees, 1 US dollar ≈ 13,394.61 rupees (March 2017). For details, you can check xe.com

Because the denomination is large, it is difficult to figure out how much it is. You can simply Remove three zeros and divide by 2, which is the price of RMB.

Bali Airport has the lowest exchange rate, Ubud has the highest exchange rate, and Kuta and central and southern Bali have the intermediate exchange rates.

The U.S. dollar has the most stable exchange rate against the Indonesian rupiah, with the U.S. dollar having the best exchange rate at its newer $100 denomination.

It can be redeemed at exchange points marked NoCommission (no handling fee). It is best to bring US dollars with versions after 2003.

When exchanging, it is recommended to choose a larger exchange point, and be sure to repeat it several times after exchanging currency.

Places with high exchange rates may give you less, especially since they will put them on the counter for you to read, and they will steal a few when putting them away, so you should check them several times before leaving the counter. Confirm before leaving.

Tips: This time I exchanged 300 US dollars in China and took it to Bali, and then the chartered driver took us directly to exchange the money the next day. I exchanged 200 US dollars, but it was not used up when I finally left. Because of this customized tour, many activities were directly included in the meal. And because we booked a hotel with Vivian, we got a candlelight dinner, afternoon tea, etc., so we saved a lot of money. Including buying skirts, shopping in supermarkets, etc., all are done in cash, so consumption in Bali is really not high. It is recommended that you do not need to exchange too many rupees, after all, there will be no conversion if you exchange it back to US dollars or RMB. UnionPay

Many roadside ATMs in Bali support UnionPay cards for cash withdrawals, and BCA Bank has begun to fully support China UnionPay cards. BCA Bank is one of the largest private banks in Indonesia. Its ATM machines are located throughout Indonesia. You can see BCA on the roadsides in Kuta, Ubud, Lovina, Jimbaran and other places

Bank's ATM machine.