Money
Currency: Rupiah (Rp) = 100 sen. Notes are in denominations of Rp100,000, 50,000, 20,000, 10,000, 5000, 1000, 500 and 100. Coins are in denominations of Rp1000, 500, 100, 50 and 25.
Currency exchange: Although there should be no difficulty exchanging major currencies in the main tourist centres, problems may occur elsewhere. The easiest currency to exchange is the US Dollar.
Credit & debit cards: MasterCard, American Express and Visa are widely accepted in Jakarta and the main tourist areas. In more remote areas, it is best to carry cash in small denominations. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques: Limited merchant acceptance but can be easily exchanged at banks and larger hotels. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars or Pounds Sterling.
Currency restrictions: There are no restrictions on the import or export of foreign currency. The import and export of local currency is limited to Rp5,000,000 which must be declared; more than Rp10,000,000 need authorisation. Failure to declare amounts in excess of Rp10,000,000 may result in heavy fines. Local currency may be exchanged on departure.
Exchange rate indicators
The following figures are included as a guide to the movements of the Rupiah against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 13053.80 | 13517.0 | 14208.9 | 14195.7 | | $1.00= | 8957.50 | 8887.50 | 8985.00 | 8915.50 |
Banking hours: Mon-Fri 0800-1500.
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