The official currency of Bali is the rupiah (Rp), which consists of coin denominations ranging from 25 Rp to 1,000 Rp and banknotes starting at 1,000 Rp and going as high as 100,000 Rp. Bali is known as a particularly affordable destination; however, resorts tend to be a little more expensive than the local markets. Nevertheless, resort prices are still a fraction of what most Australian travellers would be used to paying at home. ATMs are available all over Bali however daily withdrawal limits can be fairly low. You'll likely need cash to pay at local merchants and sellers however most resorts will offer credit card facilities. Tipping in Bali is not necessary however will be greatly appreciated if you would like to reward outstanding service.
Bali's currency is the Indonesian rupiah (Rp). There are four denominations of coins (100, 200, 500, and 1000 rupiah) and seven note denominations (1000, 2000, 5000, 10 000, 20 000, 50 000 and 100 000 rupiah) which depict various icons of Bali history and native flora and fauna.
Although the cost of a tropical overseas holiday can seem expensive, Bali is actually famous for being an extremely affordable destination. In fact, many frequent Bali travellers visit multiple times a year because their dollar goes so far. It's not just food and drink that's cheap, even though a beer is only about $2.50 and a standard meal just $15.
Bali's shopping opportunities are also extremely popular thanks to the huge range of inexpensive options available at local markets and boutiques. Everything from clothing and souvenirs to designer replicas and more are available at a fraction of the price. If you're looking to relax, the massages and spa treatments available in Bali are some of the cheapest in the world with quality that is second to none. If you're looking to spoil yourself, Bali is the destination to do it without breaking the bank.
ATMs are located all over Bali, in most major tourist areas and larger resorts however daily withdrawal limits can be fairly low and vary between machines. There are also a number of money changers located in the main retail precincts which offer competitive rates. Just make sure you check how much rupiah you should receive for your money and count out the exchange carefully to ensure the transaction is correct.
Credit cards are accepted at most major retailers in Bali however for transactions at local markets cash will be required. You'll likely need cash to pay at local merchants as well however most resorts will offer credit card facilities. You may wish to check with your bank prior to travelling to ensure your credit card can be used freely in Bali and to be aware of any foreign currency conversion fees that may apply.
Tipping in Bali is not expected or necessary however the gracious Balinese people will be extremely appreciative of any additional gratuities you may wish to add for exceptional service. In some more up market restaurants, diners may notice a 15% to 20% surcharge on the bill to cover the 10% government tax that is applied.