Exchange rates at Georgian banks
Every commercial bank in Georgia sets its own exchange rates and may change them several times a day. There are always two: the buy rate, at which the bank buys foreign currency from you, and the sell rate, at which it sells it to you. The official rate of the National Bank lies between them and serves as a reference only.
Many banks quote one rate at the counter and another, often a better one, in the mobile or internet bank. Where a bank publishes both, the tables above show them side by side — “in branch” and “in app”. For large amounts banks usually agree an individual rate, so it is worth asking.
Card payments abroad and in foreign online shops are converted at the bank’s card rate, which can differ from the cash rate shown here.
Which banks are compared
Commercial banks in Georgia work under a licence of the National Bank, which also supervises them. Myvaluta.ge follows the banks that publish their rates online — the largest ones, Bank of Georgia, TBC Bank and Liberty Bank, and smaller banks as well. Each bank has its own page with all the currencies it quotes, the time of the last update and a link to its official site.
If a bank is missing from the comparison, it does not publish its rates in a form that can be read automatically, or it has asked not to be listed.
How to read the table
If you are selling dollars or euros, look at the buy column — the higher the better. If you are buying, look at the sell column — the lower the better. The best value in each column is marked. The difference between a bank’s buy and sell rates, the spread, is its income from the exchange; a narrow spread is a sign of a competitive rate.
Rates are checked every 5 to 30 minutes during the day, depending on the bank. A rate that could not be confirmed for an hour is shown as stale and does not take part in the “best rate”; after 24 hours it disappears from the comparison. Also compare the rates of exchange offices: for cash in popular currencies they are often better.