The currency of Indonesia is the rupiah, from the Sanskrit word for wrought silver, rupya. Coins come in denominations of Rp25, 50, 100, and 500. Notes are Rp100, 500, 1,000, 5,000, 10,000, 20,000, 50,000, and 100,000; the largest denomination is worth only about US$11 (£6.05). The rate of exchange is relatively stable. At press time, it was about 9,000 Indonesian rupiahs = US$1.
ATMs -- In Bali, ATMs are common in all major tourist areas and trade at good rates.
Currency Exchange -- Most major hotels will change currency, but offer less than favorable rates. Storefront exchange services line most streets and offer the best rates, but it's important to be careful of scams such as counterfeit bills and damaged currency that won't be accepted anywhere. Ask first about commission, and be sure to count your bills before walking away. State-sponsored Wartel Telecommunications Service offices are the best bet.
Credit Cards -- Credit cards are accepted at Bali's higher-end restaurants and hotels. For transactions elsewhere, be prepared to use cash. To report a lost or stolen credit card, you can call American Express (counter at the Grand Bali Beach Hotel) at tel. 361/283970, or MasterCard and Visa at tel. 361/759010.
