On Authorized Moneychanger
You can find moneychangers in all tourism are all over Bali, but moneychangers in major tourism area will give you the best rate due to the intense competition, the one in far reaches tourism area such as Gilimanuk does not offer a good rate. Moneychangers generally do not charge a fee for their services, so you can change money as often as you want without it costing you. The moneychangers rates are vary, but they offer quicker service and usually give a better exchange rate than banks. They also do not open as early as banks but stay open much longer than banks. Bank seldom post exchange rates, but moneychangers always do.
Though the rate of the moneychangers are vary it is best for you to use the service of authorized moneychangers to prevent you from being robbed at un-authorized moneychangers and support Indonesian Central Bank to fight against money laundering. The authorized moneychangers posted this logo:
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