Using old dollars and euros in Bali π΅πΆπ€π΄
Using Old Dollars and Euros in Bali
While Indonesian Rupiah (IDR) is the official currency, US Dollars and Euros are widely accepted on the island. However, there can be some nuances when it comes to using older banknotes. Here's what you need to know:
US Dollars
Newer bills (with the blue strip) from 2013 onwards are generally accepted without any issues.
Bills from 2009 are also widely accepted, with a high likelihood of being accepted at most exchange offices.
Bills from 2006 and earlier may require some effort to exchange. Not all exchange offices accept them, and you might encounter lower exchange rates. It's recommended to inquire at several exchange offices before giving up.
Important Tips for Using Old US Dollar Bills:
Ensure the bills are in good condition, free from tears, markings, or significant wear. Damaged or defaced bills are unlikely to be accepted.
Be prepared to visit multiple exchange offices to find one that accepts older bills at a reasonable rate.
Always count the money carefully before leaving the exchange office.
Euros
Euros are generally accepted without any problems, regardless of the year of issue.
However, it's still a good practice to ensure the bills are in good condition.
General Advice:
Exchange your currency at reputable exchange offices or banks. Avoid small, unofficial kiosks with unusually high exchange rates, as they are more likely to engage in scams.
Consider using a mix of payment methods, including cash, cards, and digital wallets, for greater flexibility.
Additional Options:
Verified currency exchange services online: These services can often provide competitive rates and deliver cash directly to your location.
Opening a local bank account: This can be a convenient option for longer stays, allowing you to easily manage your finances and access cash without high fees.
Remember: Always prioritize safety and be cautious when dealing with unfamiliar individuals or services.
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