In Reply to: IDR limits posted by Dani on Wednesday, 20. December 2006 at 11:28 Bali Time:
Dani, the information you have read is obviously wrong. 50,000 IDR is about $7 Aussie.(I am assuming that you are Australian). Because you are a novice in Indonesia it is probably a good idea to change a SMALL amount of money in Australia so that you will be familiar with the local notes. However do not change too much because the exchange rate will be heaps lower in Australia. You have been saving hard for this holiday so do not give 20% of your money away to an Australian bank. When you get here make yourself familiar with the currency, a 100,000 rp note is very similar to a 10,000 rp note. Australian notes in good condition are very easy to exchange here. However if you choose this option exchange your money in even amounts. A hundred dollar note is very easy to calculate. If the exchange rate is 7,120 rp to the dollar, you will get 712,000 rp. I have witnessed so many people over a number of years confuse themselves by exchanging uneven amounts such as $45 or $55. The money exchangers love it when people do this. Cheers Ron