The Indonesian rupiah (IDR) is the official currency of Indonesia. It is subdivided into 100 sen, although inflation has rendered sen obsolete. The rupiah is issued by the Bank of Indonesia.
The history of money in Indonesia dates back to the seventh century. Prior to that, various commodities were used as currency, such as gold, silver, bronze, and cowry shells. The rupiah was first introduced in 1875, and was pegged to the Dutch guilder. In 1949, the rupiah was pegged …
Bali is an enchanting island located in the Indonesian archipelago that is known for its pristine beaches, lush jungles, and majestic volcanoes. It is also a popular destination for expatriates and retirees, who are looking for a tropical paradise to call home. So, how much does it cost to live in Bali?
Bali is an affordable place to live when compared to other popular expat destinations such as Australia, Singapore, and Thailand. The cost of living in Bali can vary …
Bali is a popular tourist destination, known for its stunning beaches, lush landscapes and vibrant culture. When planning a trip to Bali, it’s important to understand the currency and how to exchange money.
The currency in Bali is the Indonesian rupiah (IDR). As of July 2017, 1 USD is equal to around 13,500 IDR. Foreign currencies can be exchanged at banks and money changers throughout the island. Major credit cards are accepted at most shops and restaurants, but it’s always …