How do I get the best exchange rate in Bali?
Have a travel question that needs answering? Ask our expert Simon Calder
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Q We’re going to Bali but are getting conflicting advice about how to get money there. Buy in advance, take sterling, travellers cheques or withdraw cash from ATMs?
Name withheld
A The Indonesian rupiah is regarded as an exotic currency by the foreign-exchange business, even though the country is the fourth-largest in the world by population. Buying Indonesian currency anywhere outside the country is likely to give you a dismal exchange rate.
Better to take hard currency and change when you arrive. Pounds are acceptable, as are euros, but US or Australian dollars are better regarded and generally secure the best rates.
Shop around for the best deal when you arrive – even at bureaux de change on the same street, you can find sharp differences in rates.
Travellers cheques are regarded in Indonesia and elsewhere as an archaic form of payment. ATMs are worth bearing in mind as an emergency source, but charges are likely to be high.
Every day, our travel correspondent, Simon Calder, tackles a reader's question. Just email yours to s@hols.tv or tweet @simoncalder
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments