Is Bali expensive? Bali RMB exchange in 2018

In fact, everyone should be deeply impressed by Bali. After all, the attractions here are indeed good, but what the editor wants to tell you is about communication and consumption in Bali. In fact, the consumption in Bali is quite high, after all, it is also a tourist attraction.

Currency

Indonesia’s currency is the Indonesian rupiah (Rp), and the exchange rate is roughly between 1 yuan = Rs. 1800-Rs. 1900 and 1 USD = Rs. 13000 rupees. 13500. It is recommended to bring your UnionPay card to a local ATM to withdraw cash, or directly bring RMB to exchange for foreign exchange locally. It is recommended to exchange foreign currency at the airport or regular street stores. Hotel exchange rates are generally lower.

All ATM machines of HSBC, Citibank and BCA Bank in Indonesia can use UnionPay cards to withdraw Indonesian rupiah. The handling fees of each bank are different, so it is recommended to consult the bank.

Focus! If you want to withdraw cash at a local ATM, remember to bring a card with a magnetic stripe. A simple chip card cannot be used locally! Remember, magnetic stripe cards! The poster brought a pure chip card, but none of the ATM machines recognized it.

Credit Card

Not many shops and restaurants accept UnionPay, and many hotels can only accept international credit cards. It is best to bring credit cards marked with Visa and Master.

Keep your credit card out of your sight. Credit card fraud is very serious in Southeast Asia. You can use black tape to stick the CVV2 three-digit security code on the back of the card to prevent it from being remembered and then swiped.

General stores in Bali support direct payment with Visa and Mastercard. Therefore, in places where tourists are concentrated, such as Kuta and Jimbaran, you can choose to pay by credit card 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 arriving 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.

Exchange

The main currency unit of Indonesia is the Indonesian rupiah (Rp), and its currency code is IDR.

The denomination of Indonesian rupiah banknotes is relatively large, with many zeros. When used locally, it is generally said to be several thousand. 1 RMB is equivalent to approximately 2,000 Indonesian Rupiah, so the quick conversion method is to remove three zeros from the Indonesian Rupiah and then divide it by 2, which is almost the price of RMB.

The U.S. dollar exchange rate will be better than the direct exchange rate of RMB, so the U.S. dollars I exchange domestically will be converted into Indonesian rupiah locally. Some Indonesian bank ATMs 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 restaurants, and hidden shops), you need to pay an additional 3% handling fee when using a credit card, so you should ask clearly before spending.

Consumption

The main currency in Bali is Indonesian Rupiah (IDR), with banknotes in denominations of 2000, 5000, 10,000, 20,000, 50,000 and 100,000 rupees; coins in 50 , 100, 500 and 1000 rupee denominations.

RMB 1,937.41 rupees, USD 13,394.61 rupees (March 2017), please refer to xe.com for details.

Because of the large denomination, you can’t calculate how much it is worth. You can simply remove three zeros and divide by two to get 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 intermediate exchange rates.

The exchange rate of the US dollar against the Indonesian rupiah is the most stable, and the new exchange rate of US$100 is the best.

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

When redeeming, it is recommended to choose a larger redemption point, and you must redeem it several times.

Where the exchange rate is high, money will be less. Especially when they put it on stage for you to see. They would steal a few items after putting them away, so they left the counter several times and confirmed in person before leaving.

Tips: This time I exchanged US$300 in China and brought it to Bali. Then the chartered bus driver took us directly to exchange money the next day. I exchanged $200, but I didn’t use it all when I left. Because of this customized tour, meals were directly provided for many activities, and because of Vivian’s hotel reservations, candlelight dinners, afternoon tea, etc., we saved several meals. Including buying skirts, supermarket shopping, etc. in the middle. It's all direct cash, so consumption in Bali is really not high. I suggest you don’t change too many rupees. After all, there is no exchange for dollars or renminbi.

UnionPay

Many roadside ATMs in Bali support UnionPay cards for cash withdrawal, and BCA Bank has begun to fully support China UnionPay cards. BCA Bank is one of the largest private banks in Indonesia, with ATMs located throughout Indonesia. You can see BCA Bank ATMs on the roadside in Kuta, Ubud, Rowena, Jimbaran and other places.