Georgia Money and Exchange Rate
Currency
Lari (GEL) = 100 tetri. Notes are in denominations of GEL100, 50, 20, 10, 5, 2 and 1. Coins are in denominations of 50, 20, 10 and 5 tetri.
Currency Exchange
Euros, Roubles or US Dollars can be exchanged at special exchange shops, found throughout Tbilisi, while other currencies must be exchanged in banks. Cash is the preferred method of payment, and visitors are advised to carry notes in small denominations. Visitors are also advised to carry US Dollars in cash. Euros and Russian Roubles are also in use. There is unlikely to be a substantial difference between rates offered by banks or bureaux de change.
Credit/Debit Cards and ATMs
Credit cards are accepted in certain hotels, restaurants and shops in Tbilisi.
Traveller's Cheques
Euros or US Dollars are recommended.
Currency Restrictions
The import and export of local or foreign currency is unrestricted. However, amounts exceeding GEL30,000 or equivalent must be declared.
Banking Hours
Mon-Fri 1000-1800.
Exchange Rate Indicators
| 1.00 GBP = 2.79 GEL |
| 1.00 USD = 1.84 GEL |
| 1.00 EUR = 2.31 GEL |
| Currency conversion rates as of 6 September 2010 |
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