BookMyForex is World’s first and the largest online marketplace where you can exchange foreign currency and send money abroad from India. We compare rate quotes to convert Indonesian Rupiah to INR across 100s of banks and money exchangers around you to give you the best rates. And all this can be done from the comforts of your home or office.
- Earlier, Indonesians used the word ‘perak’, which also means silver while referring to rupiah.
- To see the latest exchange rate, Bali Coin historical prices, and a comprehensive overview of technical market indicators, head over to the Bali Coin page.
- A smarter, faster, and more economical way to exchange IDR to INR is to use BookMyForex, a MakeMyTrip group company, which is India’s most trusted forex platform.
- I had a great experience with BookMyForex during my travel to Sweden.
- A Lakh Rupee is one hundred thousand rupees and a crore rupee is ten million rupees.
Foreign Currency Exchange
Keep an eye on central bank policies and risk appetite, as these factors can greatly impact exchange rates. Currency data precision reveals a consistent tracking of exchange rate variations throughout the year. Generally, it is advisable to get your currency exchange done in India. India offers better rates due to competitive forex services and lower conversion margins. Supreme Forex is your trusted partner for foreign exchange, offering the best IDR to INR rates with zero hidden fees.
Steps to Exchange INR to IDR at an Airport:
Unlike banks and local exchangers, we provide transparent pricing, competitive rates, and fast service, as per RBI Guidelines. Send money abroad for education with secure and fast wire transfers at competitive exchange rates (As per RBI Guidelines) Supreme Forex offers real-time exchange rates with zero hidden fees – buy or sell USD, EUR, AED & more instantly, as per RBI guidelines. You can exchange your USD for Bali currency (IDR) at major hotels, but these tend to have very poor exchange rates and often charge large commissions for the perceived convenience.
We use the real, mid-market rate with no sneaky mark-up to hide the fees.Learn more The Bali Coin to INR rate tells you how much Indian Rupee is needed to buy 1 BALI. On CoinCodex, you can follow the real-time BALI to INR rates and use the interactive charts and to improve your technical analysis of this trading pair. The rupiah consists of banknotes of 1000 rupiah up to 100,000 rupiah and coins in denominations of 50, 100, 200, 500, and 1000 rupiah.
Smart Conversion Tips
BookMyForex provides you with a complete array of forex products when you convert IDR to Rupee with us. IDR is an exotic currency and not available easily in the Indian market. The best option for anyone travelling to Indonesia is to convert INR to USD here in India and then convert USD to IDR in Indonesia to get the best deal. However, you can still convert IDR to INR online here in India. The currency code for Rupiahs is IDR, and the currency symbol is Rp.
Best Exchange Rates for INR 🏦
You can check the exchange rate of 1 Indian Rupee to Indonesian Rupiah by using the Paytm currency exchange rate calculator. You can send a variety of international currencies to multiple countries reliably, quickly, and safely, and at a rate cheaper than most banks. Our currency rankings show that the most popular Indonesian Rupiah exchange rate is the IDR to USD rate. Our currency rankings show that the most popular Indian Rupee exchange rate is the INR to USD rate. Informally, Indonesians also use the word « perak » in referring to rupiah. Inflation has now rendered all coins and banknotes denominated in sen obsolete.
After pinpointing reliable money changer locations in Bali, savvy travelers know the next step is verifying their safety and legitimacy. Your scam awareness should be high when exchanging currency. Stick to withdrawal limits between Rp 2,000,000 and Rp 2,500,000 per transaction, and consider using multiple bank ATMs to maximize your daily cash access.
Steps to Convert INR to IDR via Crypto:
The currency symbolizes the country’s financial independence and economic growth. Seriously, you need one, and not just for your Bali holiday but for travelling anywhere. I’ve written a separate article on why the Wise Debit Card is the best for travelling. This list is by no means exhaustive but intended to give you an indication of what some of the things cost that you will likely be spending your money on while holidaying in Bali.
Instead, use authorized money changers in secure, well-lit locations during peak trading hours. When exploring Bali, you’ll need Indonesian Rupiah (IDR), with banknotes ranging from 1,000 to 100,000. Always carry cash, as many local spots won’t accept cards. Exchange money at licensed money changers like BMC, comparing rates carefully and counting your cash.
Some hotels and travel agencies offer currency exchange services for guests. Airports have forex counters where travelers can exchange INR to IDR. Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline INR to IDR conversion. Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc. Use ClearTax currency converter to convert Indonesian Rupiah to all major currencies and check Indonesian Rupiah’s historic chart. The currency code for the Indian rupee is INR, and the symbol is ₹.
- Indonesian Rupiah comes in denominations of 2,000, 5,000, 10,000, 20,000, 50,000 and 100,000 rupiah banknotes.
- The stronger dollar means the exchange rate is very beneficial if you are visiting from the United States.
- If you‘re an NRI, tourist, or returning from the India, converting INR to IDR ensures you have local currency for daily expenses, shopping, and travel within Indonesia.
- Watch for transparent practices, like openly displayed rates and electronic counting machines that reduce risks of currency counterfeiting.
- These numbers help you understand how much the exchange rate typically moves.
Its rich currency history traces back to Sanskrit origins, with ‘rupiah’ derived from the Indian ‘rupiya’, meaning ‘silver’. Locals sometimes refer to it as ‘perak’, another term for silver. We’ll display the 1rs in bali currency current INR–IDR rate plus historical changes from the past day, week and month to help you track trends. Click on the dropdown to select INR in the first dropdown as the currency that you want to convert and IDR in the second drop down as the currency you want to convert to. Calculate the amount you want to convert using our currency converter.
Another place almost all international travelers visit is the airport terminal, where they can convert IDR to INR. However, currency exchange shops at airports make big profits by charging you rates with up to 15% markup. Simply put, all these establishments charge inconsistent and opaque rates.
The cryptocurrency market is also highly volatile, which means it may not be suitable for investors with a low risk tolerance. To understand how these rates affect your travels, compare to general goods and services. Financial landmines can derail even the most meticulously planned Bali vacation if you’re not careful. Understanding currency pitfalls and maintaining financial awareness are vital to protecting your travel budget.