{
    "success": true,
    "data": {
        "id": 1620710,
        "msgid": "as-eid-approaches-money-exchange-services-boom-in-samarinda-with-rate-of-rp-20-000-per-rp-100-000-1773755545",
        "date": "2026-03-17 20:12:00",
        "title": "As Eid Approaches, Money Exchange Services Boom in Samarinda with Rate of Rp 20,000 Per Rp 100,000",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "As Eid al-Fitr 1447 AH approaches, informal money exchange services have proliferated along Jalan Slamet Riyadi in Samarinda, with vendors charging Rp 20,000 per Rp 100,000 exchanged. The surge in demand reflects widespread seasonal need for small denomination notes to distribute to children and relatives during the holiday. Local residents view the roadside exchange services as convenient despite the fees, though they represent informal financial intermediation ahead of the major Islamic holiday.",
        "content": "<p>Samarinda \u2014 As Eid al-Fitr 1447 AH approaches, small denomination\nmoney exchange activities have intensified at various points throughout\nSamarinda. One notably busy location is along Jalan Slamet Riyadi, where\nseasonal traders have established roadside money exchange stalls and\npavement pitches.<\/p>\n<p>During an observation on Tuesday, 17 March 2026, rows of money\nexchange stalls were visible at several locations. Traders offered\nvarious newly minted denominations in high demand among the community\nfor Eid traditions, ranging from Rp 2,000, Rp 5,000, to Rp 10,000\nnotes.<\/p>\n<p>Many residents stopped briefly to exchange currency, particularly\nduring late afternoon hours. One trader encountered at the location\nstated that customers were charged a service fee of Rp 20,000 for every\nRp 100,000 exchanged.<\/p>\n<p>\u201cIf you exchange Rp 100,000, the fee is Rp 20,000. So for example, if\nyou exchange Rp 100,000 for Rp 2,000 notes, you would pay Rp 120,000,\u201d\nthe trader told observers, requesting anonymity.<\/p>\n<p>The trader explained that the service fee applied in multiples\naccording to the amount exchanged. The larger the nominal sum exchanged,\nthe higher the service charge would be. \u201cIf you exchange Rp 500,000, the\nfee would be five times, so Rp 100,000. If it\u2019s Rp 1 million, you simply\nmultiply it,\u201d they stated.<\/p>\n<p>According to the trader, demand for currency exchange has increased\nover recent days as Eid draws closer. The vast majority of residents\nseek small denominations to distribute to children and relatives during\nthe festive period.<\/p>\n<p>On the other hand, residents viewed the presence of roadside money\nexchange services as sufficiently helpful, particularly for those\nrequiring denominations urgently. One Samarinda resident, Rizky\nFadhillah (33), acknowledged choosing to exchange money at the location\nbecause it was more convenient despite the additional charges. \u201cThere is\nindeed a service fee, but usually you know about it beforehand. If you\nneed it quickly, you just exchange here,\u201d Rizky said.<\/p>\n<p>Similar sentiments were expressed by Annisa Khairunnisa (27). She\nconsidered the service fee charged to be reasonable as long as the\nrequired denominations were available. \u201cThere is usually a service fee.\nIn my view it is still reasonable, especially if you need small notes\nfor Eid,\u201d she said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/as-eid-approaches-money-exchange-services-boom-in-samarinda-with-rate-of-rp-20-000-per-rp-100-000-1773755545",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}