How can I read money in Indonesia?

The colorful currency in Bali is the Indonesian rupiah (pronounced “rue-pee-ah”), usually abbreviated as (Rp) or less often (Rs). Prices are typically written with the abbreviation before the amount (e.g., Rp 10.000, or in some instances, Rp 10K).

Is 100 dollars a lot in Indonesia?

In big cities such as Jakarta and Surabaya, a person would need $3 to afford decent meals a day. So, $100 would be sufficient for him to live a month (only for food). However, in the other parts of indonesia where cost living is considerably lower than those two cities, $100 would be enough to live for 1.5–2 months.

Is dollar used in Indonesia?

Currency in Indonesia

The official currency of Indonesia is the Rupiah, also known in currency offices as IDR. … Large hotels and tourist stores may accept other currencies such as U.S. dollars. However, expect to generally end up paying more to use your foreign currency.

What can you buy with 1 USD in Indonesia?

Indonesia: What a Dollar Can Buy You

  • 1 load of laundry (about 3.5 kg)
  • 1 creamy avocado shake.
  • 2 km taxi ride.
  • 4 liters (1 gal.) of drinking water.
  • 1 pre-cut pineapple on touristy Seminyak beach, Bali.
  • 1 hour of Internet access.
  • 1 vegetarian meal in a typical warung.
  • 2 liters of gasoline.
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Is $100 a lot in Bali?

In Indonesia, USD $100 Can Get You:

10-15 days’ worth of three square meals from a cheap Indonesian warung, eating nasi campur (mixed rice); 5-8 days’ worth eating at Westernized or mid-range restaurants. About 60-80 beers. 1-3 one-way budget airline trips from Jakarta to Bali.

Is Indonesia cheap to live?

Indonesia is currently the 42ndmost affordable nation out of 138 countries, with a cost-of-living index of 37.44. This means it is slightly cheaper than countries like Argentina, Vietnam, Ecuador, Philippines, and South Africa.

Why is Bali so cheap?

So, why is Bali so cheap? Bali is extremely cheap because daily expenses are way lower than in other countries. Meals, hotels rooms, shopping, transport fees, and every other expense are all much cheaper. … After calculations, it costs around $80 dollars per day to live a great life in Bali.

How much cash can I take into Indonesia?

Currently, there is no ceiling on the amount of foreign bank notes that are carried into Indonesia although authorities require cash worth more than IDR 100 million (approx. USD $7,500) to be declared when arriving in Indonesia.

Why is Indonesian currency so high?

Indonesia’s currency, the rupiah, is the worst-performing Asian currency so far this year partly due to investor concerns over its central bank helping to finance a larger government deficit.

What is the best way to send money to Indonesia?

Some of the best money transfer services to send money from the USA to Indonesia

  1. Best Exchange Rates: Wise.
  2. Sending Money to Family and Friends: Remitly.
  3. Sending Cash: WorldRemit.
  4. Fee Free: XE Money Transfers.
  5. Best Big Brand: Xoom, powered by PayPal. Wise (formerly known as TransferWise)
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