Elderly go through an aging process, which is marked by various declines, especially in dynamic balance. To address this issue, researchers offer a solution in the form of balance exercises, namely Heel Raise Exercise (HRE) and Chair-Based Exercise (CBE). Heel Raise Exercise (HRE) and Chair-Based Exercise (CBE) are balance exercises done through lower limb muscle contractions and are considered safe and easy for older adults to do. The aim of this study is to test the comparative effectiveness of HRE and CBE on dynamic balance in older adults. This research uses a quasi-experimental design with a pre-test and post-test for two groups, with 15 samples each, namely group A and B at Banjar Graha Shanti, West Denpasar District, Bali, who met the inclusion criteria. The sampling technique used is purposive non-probability. The instrument for measuring dynamic balance used the Time Up and Go Test (TUGT). HRE and CBE exercises were given 3 times a week for 4 weeks. The results of the Paired Samples T-Test pre-test and post-test TUGT in both groups showed a p-value of 0.000 (p<0.05). The results indicate that there was an effect on the improvement of dynamic balance before and after the treatment in both groups. The result of the second hypothesis test, the Independent Samples T-Test between groups, obtained a p-value of 0.048 (p<0.05), which means there was a significant difference between groups in dynamic balance. Group B (CBE) had a higher percentage than Group A (HRE), which was 40.940%. It can be concluded that both exercises have a significant effect on improving dynamic balance, but CBE is more effective than HRE in improving dynamic balance in the elderly at Banjar Graha Shanti, West Denpasar, Bali.