Bali Currency 🇮🇩 How to get best rate of IDR | US Dollars Vs IDR ? Forex Card vs Cash

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In this video, we dive into the details of currency exchange in Bali, providing you with essential information to make your travel experience smoother. Whether you're planning a vacation or a business trip, understanding the currency exchange rates is crucial for managing your expenses effectively.
We start by breaking down the exchange rates between Indian Rupee (INR) and Indonesian Rupiah (IDR), giving you a clear picture of how much your money is worth in Bali. We also cover the exchange rates between INR and US Dollar (USD), offering insights for travelers who prefer to carry USD while exploring Bali.
Highlights of this video include:
Current INR to IDR exchange rates and practical tips on where to exchange your money for the best rates.
Comparison of INR to USD rates and how you can utilize USD for transactions in Bali.
Important considerations to avoid common pitfalls and ensure you get the most value for your money.
Real-life examples and calculations to help you understand the exchange process better.
Whether you're a first-time traveler or a seasoned globetrotter, this video is packed with valuable information to help you navigate the currency exchange landscape in Bali. Don't miss out on these essential tips to make your trip more enjoyable and budget-friendly!
You can use the following chapters for your desired topic:
00:00 Introduction
00:50 Exchange Rate
2:15 Money Exchangers
8:21 Daily local average expenditure
10:20 My Exchange Rate
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[@user-to8bf5se9g]

Useful info, Thank you so much 😊

[@logontogaurav]

Thank you so much for the appreciation 😊

[@pulkeshsood5198]

Nice information, please share can we use UPI also in other countries. You planned your trip very well, hope you enjoyed your trip very much, waiting for your trip videos.

[@logontogaurav]

Thank you so much for the appreciation 😊. There were scanner based payment methods but they were not UPI. I haven't tried that method so cannot say much about it. But as per news, UPI could be available in Indonesia soon.

[@venkateshkakalwar9022]

So basically INR -> Dollar India me karke Bali me Dollar -> IDR karne se humko fayda hai.! Correct??

[@logontogaurav]

Yes. And use a Card (with zero mark-up fee) as much as possible. Card me sabse zyada faida hai.

[@abhinavgupta2388]

Withdrawing money with a Niyo card at an ATM in Bali? what's your suggestion on it? will it be cheaper or expensive compare to your USD part.

[@logontogaurav]

There is a withdrawal fee on the Niyo Card but that comes back as cashback or something if you have some monthly balance above the threshold or something. Also there is limit on number of transactions and amount per transaction. You can check it on Niyo website. Summary is, the withdrawal fee can be waived off. But the maximum amount you can withdraw from an ATM in Bali is equivalent of 18k Rs but the limit per withdrawal is less than this. This is about financial limitations. About Bali: There are plenty of ATMs in Kuta, Changgu etc part of Bali, but in central Bali, like Ubud, the ATMs are scarce. Also not all ATMs are trustworthy. Also the the amount you need to spend may surpass the financial limits. So I would suggest to rely less in ATM withdrawals. But no doubt, it will be cheaper.

[@abhinavgupta2388]

​@@logontogaurav I checked with niyo cards so the maximum amount withdrawl limit is 1lakh per day, 3L a week and 5 Lakh a year. All 3 cards ( Niyo DCB debit, SBM debit and credit cards) have similar withdrawal limit. so I guess its better to carry cards and withdrawal at airport and other atms. Though the fees is very nominal.

[@logontogaurav]

@@abhinavgupta2388 Ok. But practically, I believe, that there won't be such huge availability of cash at ATMs. Paying Rs. 400 on say a withdrawal of Rs.10000 would be the degradation of 4%, which is the same as getting USD and then converting it to IDR. But give it a shot and let us know.

[@zomssingh8744]

Bali mei exchange rate k alawa koi alg se b charge pdta hai kya like service charge waghre?

[@logontogaurav]

No extra charge.

[@zomssingh8744]

Aapne bali mei kon se exchange se money exchange krwaya tha?

[@logontogaurav]

Don't remember exactly. There are many exchangers, you can see mine in the video.

[@sonupandey3943]

Bhaiya agar 2 log 7 days ke liye jaye economy class se to 1.30 lakh enough hain?

[@logontogaurav]

Yes definitely possible. Just try to save on flights and hotels.

[@ifthiharahmed6203]

Weren't scooters cheap in bali ? Like 400-450₹ only right ? Per day

[@logontogaurav]

Yes I heard that too but wasn't able to find one. The cheapest I found was of 80K IDR per day.

[@priyarajput2325]

You took IDP with you or normal indian driving licence

[@logontogaurav]

IDP and DL both. DL has to be accompanied with IDP always.