Posted by PC on Sunday, 25. October 1998 at 17:41 Bali Time:
In Reply to: US$ or Aust$? posted by Harold on Sunday, 25. October 1998 at 07:23 Bali Time:
Tough one.
Cash is always exchangeable, no technology needed and generally gets a good rate - better than travellers cheques. BUT, you lose and you've lost it.
Cheques get a lower rate and cost more to buy but are replaceable.
ATMs get a good rate, probably better than cash but need the technology and are limited to 600,000 at a time.
For mine. Take mostly cash but don't take too much onto the street at any one time and use the safety deposit box in the hotel - assuming there is one. Use the ATM where it is convenient and use the credit card as much as you like but make sure it is being charged in rupiah.
CASE!