Batumi
Georgia
Money & Costs Guide for Batumi
Complete financial information for visiting Batumi, Georgia
Money & Finances
Local Currency and Exchange Information
The local currency in Batumi, Georgia, is the Georgian Lari (GEL). The exchange rate for GEL can fluctuate, so it’s advisable to check the current rates before your trip. As of October 2023, 1 USD is approximately 2.8 GEL, but this can vary.
Currency exchange services are widely available in Batumi, including banks, exchange offices, and hotels. However, exchange rates can differ significantly, so it’s best to compare rates and avoid exchanging large sums at hotels where rates may be less favorable.
- ATMs are widely available in Batumi, and most accept international cards, providing a convenient way to withdraw cash in GEL.
- Credit and debit cards are commonly accepted in hotels, restaurants, and shops, but it’s advisable to carry some cash for smaller establishments and markets.
Payment Methods and Banking Options
In Batumi, both cash and card payments are accepted, although cash remains a preferred method for many local transactions.
ATMs
ATMs are plentiful in Batumi, with most accepting major international cards. However, check with your bank regarding any fees associated with international withdrawals.
Credit and Debit Cards
Visa and Mastercard are widely accepted, while American Express may not be as commonly used. Always inform your bank of your travel plans to avoid any issues with card usage abroad.
Tipping Customs and Payment Etiquette
Tipping is customary in Batumi, though not mandatory. It is generally appreciated in restaurants, cafes, and for services. Here are some guidelines:
- Restaurants: A tip of 10% to 15% is standard if service is not included in the bill.
- Taxi Drivers: Round up the fare or add a small amount as a tip.
- Tour Guides: Tipping your guide is appreciated, typically around 5 GEL per person.
When paying, it’s polite to hand cash directly to the server or leave it on the table. If paying by card, you can also add the tip to the total on the receipt.
Cost Considerations and Budgeting Tips
Batumi is relatively affordable compared to many Western cities. Here’s a breakdown of average costs:
- Meals: A meal at an inexpensive restaurant averages around 15-25 GEL, while a three-course meal for two at a mid-range restaurant can cost about 70-120 GEL.
- Transportation: Public transport is inexpensive, with a bus fare costing around 1 GEL. Taxis are also affordable, but ensure the meter is used or agree on a fare beforehand.
- Attractions: Entrance fees for attractions typically range from 5 to 20 GEL.
To budget effectively, allocate a daily spending limit based on your planned activities and preferences, keeping in mind that some attractions may require cash for entry.
Practical Financial Advice for Travelers
- Notify Your Bank: Always inform your bank of your travel dates to avoid card blocks due to suspicious activity.
- Keep Cash Handy: While cards are accepted, many local markets and smaller vendors may only accept cash.
- Use Local ATMs: Withdraw cash from local ATMs to avoid unfavorable exchange rates from currency exchange services.
- Monitor Exchange Rates: Use currency exchange apps to keep track of the rates and ensure you’re getting a fair deal.
- Consider Travel Insurance: It can cover unexpected financial losses such as theft or lost cards.
By following these tips and understanding the local financial landscape, you can enjoy your trip to Batumi without any financial stress.