Where to exchange dollars for euro
How to Convert Indonesia Rupiah to Dollars & Euro
[Music]
good morning everyone
okay so this is Tanisha Davis coming at
you from the funding budget act and I
want to go over something really simple
today money conversion being that I
travel a lot I find it super super
helpful to learn how to convert your
money from your currency or where you're
from to the currency of where you're
going even if the place accept American
dollars this will let you know if you're
getting a good deal or not and it also
gives you some peace of mind because let
me tell you and some of the countries
the money currency that they use can
sound like a lot of money but they're by
the time you finish converting it it
ain't nothing but a few dollars y'all
okay so let's talk about this right now
we are in Bali Indonesia and their money
currency is the rupiah and so they do
not take American dollars some places
some of the bigger touristy places do
but most of the local places don't so
the best thing to do is to go ahead and
convert your money to rupiah I did not
convert my money to rupiah back home I
waited to like got here and converted
the currency that I had to rupiah I had
euro and I had American dollars because
I was coming off of travel throughout
Europe and that was super helpful too
because the Euro actually gets a better
conversion rate than the Europe than the
American dollar so kill two birds with
one stone use whatever I have left over
for my euro and traded it and traded it
in for rupiah
okay so panas my money this is the money
that I have in my wallet right now it's
a change so what do I have I have
this is four hundred thousand rupiah
sounds like a lot right and then we have
okay so we have four hundred and six D
ones the two four six seven eight five
four hundred is sixty eight thousand
five hundred rupiah that's what we have
on hand and so what does that exactly
equal what I do is I take a base
conversion rate because a lot of you who
travel may know that conversion rates
fluctuate daily and sometimes even
hourly but most countries will keep it
for whatever that conversion rate is for
the day so I don't figure it out by the
day I just take a base I can get a gist
of the number so the base we're gonna
use for this exercise is thirteen
thousand three hundred which is what the
conversion rate was when I got here and
so what we're gonna do is I said I had
four hundred sixty-eight thousand and
five hundred rupiah so we're gonna take
that number and we're gonna divide it by
the conversion rate of the dollar one
dollar equals thirteen thousand three
hundred rupiah so I'm gonna divide that
by thirteen three hundred I have 35
dollars y'all I have thirty five dollars
that's what all of this equals thirty
five dollars but believe it or not in
Bali thirty-five dollars can get you
really far yesterday we went and had a
wonderful chicken dinner I had a chicken
meal chicken rice vegetables and my
friend Erica had a veggie plate so the
veggies and rice and vegetables it came
up to fifty nine thousand rupee
which was approximately four dollars
yeah I'm about to go get a massage and
I'm gonna get an expensive massage my
expensive to massage is gonna cost me
approximately two hundred and fifty
thousand rupiah which equals what does
that equal y'all two hundred and fifty
thousand rupiah divided by thirteen
three hundred thirteen thousand three
hundred that's about eighteen dollars
trying to get an $18 massage and that's
an hour and a half massage and so there
you have it that is the conversion rate
for rupiah and we also see this is a
thousand rupiah but they also have it in
coins as well this is a thousand rupiah
as well this is 500 rupiah and if you're
coming from a country that uses euro the
approximate euro exchange rate is 1 euro
equals fifteen thousand six hundred
rupiah yeah so your euro goes a little
bit further than the dollar and that is
the lesson here how to convert your
money to rupiah this is me again and
thank you all for watching and if you
want to see more videos like this don't
forget to thumbs up and subscribe and I
will see you again in another video
okay one last thing where do you get
your rupiah converted you don't have to
wait to get a converter at the airport
you can actually wait till you get to
town and you can have a driver anybody
bring you to a bigger shop to do your
converting there are a lot of small
money changes also but you know what we
found that the difference between the
smaller money changers and the bigger
money changes is a matter of change like
it's not even that big of a difference
to really put a lot of thought into I
find that the money changes all over
have been pretty much around the same
now one thing they do do that is
differently is that the bigger bills
that you have the better the conversion
rate so 150 s get one conversion rate
they usually get the higher conversion
rate 20s tenths and fives get a slightly
lower conversion rate and dollars get
even lower conversion rate as far as
change goes I know all I know is about
the Euro so they will take the two
dollar euro pieces in the one dollar
euro pieces and they will convert those
as well and they usually go for half the
conversion rate so if the conversion
rate is about thirteen thousand three
hundred changes you gets about of eight
thousand conversion rate which if you're
not gonna do much with the change anyway
it doesn't matter but so those are my
tips insurance for converting your
currency to rupiah until next time y'all
