Official rate and bank rates
The official rate is set by the National Bank of Georgia every working day and applies from the following day; rates published on Friday apply over the weekend. It is the rate used for accounting, taxes, customs and contracts that refer to the "NBG rate".
Bank rates are what you actually get. Each bank sets its own buy and sell rates and changes them during the day. The table above compares them: the highlighted cells are the best buy rate (the bank that pays most for your currency) and the best sell rate (the cheapest place to buy it).
Tips for exchanging money
- Compare the spread — the gap between buy and sell. The smaller it is, the less you lose on a round trip.
- Rates in a bank's app are often better than at the branch counter.
- Card payments abroad use the card network's or bank's own rate, not the NBG rate.
- Exchange offices at airports and tourist spots usually have wider spreads than banks in town.