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CURRENCY / FORMS OF PAYMENT

In general, all foreign currencies can be changed into rupiah at banks, or money changers. Some hotels can accept American Dollars as a means of payment. Indonesian rupiah denomination values are as follows: Rp 25, Rp 50, Rp 100, Rp 500, Rp 1.000, Rp 5,000, Rp 10,000, Rp 20,000, and Rp 50,000. There are Rp 25 and Rp 50 coins. There are both paper and coin denominations for Rp 100, Rp 500, Rp 1.000. Paper currency comes in Rp 5,000, Rp 10,000, Rp 20,000, Rp 50,000 bills. Traveler's cheques can be changed at any bank or money changer. The rate of exchange can be different each day, depending on the economic situation. At this time (November 2000), 1 US $ equals to Rp. 9,250. Rates of exchange are usually listed in the newspapers, banks, and at official money changers.

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Created: November 5, 2000

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