Consumption level

As a popular tourist destination in the world, Bali’s consumption level is not high. However, during the peak tourist season of July and August and around Christmas, hotel room prices are mostly high. It will rise, sometimes even to over 50, and the average daily budget ranges from 300-1,300 RMB.

Cash

The currency of Bali is the Indonesian rupiah (Rp, pronounced "Rubiya"). The exchange rate is roughly 1 RMB ≈ 2014 rupees, 1 US dollar ≈ 12,509 rupees. Around (January 2015). U.S. dollars and Indonesian rupiah are accepted locally, and in terms of exchange rates, locals are more willing to pay you in U.S. dollars. The exchange rate is the lowest at the airport, so you can exchange less when you first arrive, and then exchange it when you find an exchange point with a higher exchange rate. The exchange rates in Kuta and Ubud are relatively high, and the exchange rate for a single ticket of 100 US dollars is higher than that of a single ticket. 50 dollars is higher than 10 and 1 dollar bills. There are plenty of places to exchange money in Bali, so there’s no need to worry.

Tips: Pay special attention to currency exchange:

When exchanging currency, do not choose an exchange shop in an alley with a particularly high exchange rate. When exchanging currency, do not talk to the people next to you. Count in person. To clear the currency, general exchange offices will issue exchange receipts, so keep them.

UnionPay

UnionPay cards can be used in Bali. UnionPay cards can be used in large shopping malls and duty-free shops, including the local Carrefour. However, if you pay by credit card at the local Carrefour, you will have to pay an additional handling fee of RMB 5.

Credit Card

Bali’s tourism industry is mature. Many hotels, large shopping malls, and shops with credit card logos can accept credit cards. However, different amounts are charged according to the regulations of different banks. Handling fee. In addition, if you withdraw cash directly with a credit card, the handling fee charged will be relatively high, which is not cost-effective. It is recommended to exchange a certain amount of U.S. dollars at home and then exchange it for local currency Rupees in Bali.

It should be noted that if you swipe a credit card, the repayment back home will be converted according to the exchange rate on the day you swipe the card in Bali, and a handling fee will be paid.

Currency exchange

RMB is not easy to convert directly, and the exchange rate is very poor. It is best to exchange US dollars at home and then exchange them for Indonesian rupiah locally. Exchange is available at airports, hotels, and banks, and there are also many exchange points on the streets of cities and towns. Generally, there will be a foreign currency exchange office with a board showing the currency exchange rates of various countries. If the board says No commission, no commission will be deducted. If it is not written, the commission will be deducted. Make sure that the banknotes are in good condition. Wrinkled, worn, or stained banknotes will not be accepted locally. Indonesia only accepts the new version of US dollars after 2003. The larger the denomination of the US dollar, the better the exchange rate.

Tipping

It is customary to tip in Indonesia: Tour guides and drivers tip about US$5/person/day; for airport or hotel luggage porters, it costs about Rp1000 to move a piece of luggage. ; For hotel waiters, a tip of Rp5000-10000 is given depending on the service situation; for restaurant waiters, the tip is Rp10 of the bill. If a 10% service charge has been added to the bill, sometimes an additional Rp5 tip is required. (Not referring to team meals).

Tax Refund

1. Only some stores in Bali currently have a tax refund policy, so you need to ask the store clerk first to determine whether the tax refund policy is supported before deciding whether to buy to avoid trouble. create unnecessary conflicts.

2. If you purchase goods worth more than 5 million dong in a store that implements the tax refund policy, you can get a refund of 10 VAT and luxury goods sales tax when leaving the country, and the tax refund location is in Bali At the international airport, you need to show your passport, registration certificate and tax invoice when refunding tax. Please don't forget to bring them with you.

3. Bali’s duty-free shop is located in Kuta, selling many world-renowned brands. Visitors to the DFS[1] Global Store in Bali can purchase world-famous brand products at favorable prices. Some of the products are sold exclusively and have a 100DFS global quality guarantee, so you can buy with confidence.

4. Many tourists who go shopping in Bali often go for the cheap prices but do not know much about the tax declaration policy. Therefore, due to the lack of understanding of the content of these wanderings, no tax was filed when entering the country. It should be noted that when you bring overseas goods into the country, if the quantity exceeds the reasonable amount for personal use, you need to be taxed. The tax rate ranges from 10 to 50, of which cosmetics are 50, camcorders and digital cameras. Etc. is a tax rate of 20.