Where to exchange money in Yogyakarta
If you’re planning a trip to Yogyakarta, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Yogyakarta. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Where to exchange money in Yogyakarta
If you’re planning a trip to Yogyakarta, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Yogyakarta. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Spend abroad without hidden fees
Currency exchanges in Yogyakarta
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Yogyakarta.
One reminder, though: there’s no such thing as fee-free or 0% commission foreign exchange transactions. So, always check the mid-market exchange rate in advance, so you know how much your money’s worth.
| Money Changer | Address | Contact Information |
|---|---|---|
| Mulia Money Changer (PT. Mulia Bumi Arta) | Hotel Grand Inna Malioboro, Jl. Malioboro No.60, Suryatmajan, Kec. Danurejan, Kota Yogyakarta, Daerah Istimewa Yogyakarta 55271, Indonesia | +62 815-7890-0605 |
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Indonesian rupiah rate today
The currency used in Yogyakarta, as well as the rest of Indonesia is Indonesian rupiah.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Indonesian rupiah is IDR. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Yogyakarta
Before exchanging money in Yogyakarta or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in Indonesia for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in Indonesia banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in Indonesian rupiahs for a fairer rate and avoid undisclosed exchange rates and additional fees.
Money exchange at the tip of your fingers
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With a Wise account you can exchange currency at any time, almost everywhere in the world.
Access over 70 currencies in just a few clicks and pay wherever you are with the Wise card.
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Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Yogyakarta. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.