Travel Tips

I can get a better rate in Bali! Or can't I? - Crown Currency

Written by Author 1 | Sep 30, 2024 3:26:50 AM

We sometimes hear suggestions that a canny traveller can get a better rate on exchanging Australian Dollars (AUD) to Indonesian Rupiah (IDR) in Bali.

One of our well-travelled team members was in Bali. She visited Kuta, Legian, Ubud and Seminyak. Yes, we’re all jealous!

On the matter of exchange rates, our team member made the following observations:

  • The vast majority of exchanges charged commission;
  • After accounting for the commission, the rates at Crown Currency Exchange (on the same day) were as good as those (and many superior) to those offered in Bali;
  • It was difficult to distinguish between regulated exchanges and ‘streetside’ exchanges; and
  • Some exchange shops attempted to turn a negative into a positive, with signs indicating that they don’t rip off their customers… cold comfort, there.

Purchasing your IDR before your departure just makes sense. At Crown Currency Exchange, you’re dealing safely with someone you can trust to provide you with the most competitive rates possible. Head into one of our 60+ stores nationwide today!