Whenever you go overseas you will find the money is different and, you cannot pay using Australian money; Bali is no different. Not everything can be paid for with a credit card, so you need to use Bali currency, the Rupiah or Rp when abbreviated. Larger hotels will take credit cards, while smaller accommodation such as some Bali Villas and guesthouses do not.
Why cash is important
So make sure you have plenty of cash for the small things you will need such as drinks and snacks, transport and other things that don’t cost a lot. Many smaller boutique stores and cafes won’t be able to change a large note so it’s important to have smaller ones. Keep larger notes for purchasing high ticket items.
Don’t take travellers cheques
You may have heard that taking travellers cheques is the safest way to carry money that can be used in an overseas destination; not so in Bali. It will be difficult to cash such a cheque there. Cash and your credit/debit card are the best ways to go. And a credit card is handy for booking tours in advance when you need to pay a deposit.
You can easily change Australian currency to Rupiah at a bank, your hotel or at an official, licensed money changer. However, it is important to take care when dealing with money changers. Most are honest, but some are not, as in any country. Money changers offer the best rate of exchange and hotels usually offer the lowest. Banks are good but the queue is usually long and slow and you don’t want to waste your holiday hours waiting.