This is a story of how we almost got scammed at Legian, Bali.
Me and my friend Pat were running out of Rupiah (Indonesian currency) so we decided to look for a money changer near our hotel. We were staying at Tanaya Bed and Breakfast located in Legian Street Bali. As we were walking along, we saw many “money changers” scattered along the street. We didn’t mind them at first since Legian is a busy strip full of tourists so the need for money changers is evident. Walking along, I noticed that the money changers did not have a definite exchange rate. The differences were really noticeable. The exchange rate from Singapore was 1 USD = 12850 Rupiah more or less. Along Legian, it varies from 12999, 13000, 13100 etc. Waaaaayy higher than the standard.
I found it a little odd that their exchange rate is different from that in Singapore but I waved it off and try to exchange our USD. We found one that advertises 1 USD = 13099 Rupiah. The highest we saw so far. When we approached the guy near the sign, he lead us to a narrow street into a small stall. He tried to exchange 100USD = 1,309,990 Rupiah using 20,000 Rupiah denomination.
Imagine more or less 65 pieces of 20,000!!! @.@