Where to exchange currency in Bali — official money changers vs local unofficial exchange spots?

At an unofficial money changer, keep the cash you have already counted in your hand rather than putting it back on the counter. Distraction can be used to remove bills from a stack unnoticed.

The exchange rate can depend on the denomination of US dollar notes: $100 bills usually receive the best rate, while small denominations get the worst one.

Exchanging money at unofficial local money changers is risky: if the amount exceeds $100, you often end up short a few bills when recounting.

There are rumors that walking a few blocks away from touristy streets to local exchange spots gets a better rate — but there's a risk of scammers, so many travelers avoid this.

The easiest way to find exchange offices is via Google Maps: search 'Money Exchange' and pick the nearest options to you.

Exchange rates don't differ much between money changers: some are slightly cheaper, some the same — just compare a few nearby spots. If a rate is offered far below market value, treat it as a red flag and walk away.

It's better to choose trusted, licensed money changers that operate like banks: with bill counters, banknote verification, and receipts. Rates are nearly the same as at unofficial spots, but the risk of losing money is much lower.