The Indonesian rupiah has a history of being somewhat volatile. During the Asian financial crisis in the late 90’s, people doubled their money here in Bali, or lost their money (depending what currency they were holding) overnight.
Using BootsnAll’s currency converter (the best in the world), we are able to get an up to date picture of how the mighty rupiah stacks up against other major currencies.
1 US Dollar = 9,074.41 Indonesian Rupiah
1 Australian Dollar = 7,521.60 Indonesian Rupiah
1 Brazilian Real = 4,471.69 Indonesian Rupiah
1 British Pound = 18,113.0 Indonesian Rupiah
1 Chinese Yuan Renminbi = 1,179.20 Indonesian Rupiah
1 Euro = 12,372.1 Indonesian Rupiah
1 Hong Kong Dollar = 1,160.29 Indonesian Rupiah
1 Japanese Yen = 75.95313 Indonesian Rupiah
1 Kazakhstan Tenge = 78.89419 Indonesian Rupiah
1 New Zealand Dollar = 6,717.06 Indonesian Rupiah
1 Singapore Dollar = 5,974.29 Indonesian Rupiah
1 South-Korean Won = 9.81670 Indonesian Rupiah
1 Sudanese Pound = 4,770.22 Indonesian Rupiah
1 Taiwan Dollar = 272.657 Indonesian Rupiah
1 Thai Baht = 279.047 Indonesian Rupiah
1 Ukraine Hryvnia = 1,888.06 Indonesian Rupiah
1 Vietnamese Dong = 0.57981 Indonesian Rupiah
Look at at Euro go! The poor old Vietnamese Dong won’t get you very far in Bali, but with a fistfull of Tenge, Borat might be able to buy himself a large Bintang.
{ 9 comments }
Well, not exactly doubling and losing overnight–at least not in the medium term. Most hotels started quoting in US$ shortly after the crisis began (the quickest way around the problem), and places still quoting in RP simply raised prices. But those few days when US$ holders watched the RP dying, and before prices lists were altered, must have been glorious!
bali is cheap no matter your currency. spend freely and don’t drive a hard bargain because you can always make more money. easier than the common man in indo anyway.
nick i heard there was a big fire in the markets in denpasar to day can u let us know about it and was it the fabrics market?. evan.
Evan,
I heard there was a fire in Denpasar, my brother in-law said so. Not sure right now exactly where.
Kumbasari Art market in Denpasar burnt to the ground aT 7am this morning
The building is destroyed
No loss of life reported
thanks for fire update”eddie ,i suppose it will create more hardship for those traders there ,i hope someone there will organise some help for them to re establish ,maybee baliblog could set up a bit of a fund for bali blog users to donate to ..so we can help traders and there family members over there hardship..what do others think”"”
evan
hey im from australian and im taveling to bali in march how much spending money will i nedd for 11 days ?? can anyone help me
Jamie-Lee, That all depends on how well off you want to live $50 a day is enough to cover a decent room,meals,drinks,beers etc.
Jamie-Lee, That all depends on how well off you want to live $50 a day is enough to cover a decent room,meals,drinks,beers etc.
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