Local Currency and Exchange Information

The local currency in Tbilisi, Georgia, is the Georgian Lari (GEL). As of October 2023, the exchange rate is approximately 1 USD = 2.70 GEL. However, rates can fluctuate, so it’s advisable to check current rates before exchanging money.

Currency exchange services are widely available throughout the city, including banks, exchange offices, and hotels. Banks typically offer the best rates, but some may charge a service fee. It’s recommended to exchange a small amount of cash upon arrival for immediate expenses.

Payment Methods and Banking Options

Tbilisi is increasingly becoming a cashless society, with many establishments accepting credit and debit cards. Major cards such as Visa and MasterCard are widely accepted in restaurants, shops, and hotels.

ATMs

ATMs are readily available throughout Tbilisi, especially in tourist areas. They dispense Georgian Lari and usually accept foreign cards. Be cautious of foreign transaction fees that your bank may charge.

Cash Usage

While credit cards are widely accepted, it’s advisable to carry cash for small purchases, local markets, and some smaller establishments that may not accept cards. A good rule of thumb is to have enough cash for transportation, street food, and tipping.

Tipping Customs and Payment Etiquette

Tipping in Tbilisi is appreciated but not mandatory. Here are some guidelines:

• Restaurants: A tip of 10% to 15% is customary if service is not included in the bill.
• Taxis: Rounding up the fare is common practice.
• Guides: If you take a guided tour, consider tipping 5 GEL to 10 GEL per person, depending on the length and quality of the tour.

Always check your bill for any included service charges before tipping.

Cost Considerations and Budgeting Tips

Tbilisi is generally an affordable destination for travelers. Here are some budgeting tips:

• Accommodation: Budget hotels and hostels range from 50 GEL to 150 GEL per night.
• Meals: A meal at an inexpensive restaurant will cost around 20 GEL, while a three-course meal for two at a mid-range restaurant may range from 80 GEL to 150 GEL.
• Transportation: Public transport is cheap, with a metro ticket costing around 1 GEL.

To avoid overspending, consider creating a daily budget based on the above estimates and stick to it.

Practical Financial Advice for Travelers

• Notify Your Bank: Inform your bank about your travel plans to avoid any issues with card transactions.
• Use Local Currency: Always pay in Georgian Lari when possible to avoid unfavorable exchange rates.
• Keep Some Cash Handy: Certain local markets and smaller establishments may only accept cash, so it’s wise to have some on hand.
• Check for Fees: Be aware of any transaction fees from your bank when using ATMs or making purchases abroad.
• Secure Your Cash: Use money belts or hidden pouches to keep your cash and cards safe while exploring the city.

By following these guidelines, travelers can manage their finances effectively while enjoying everything Tbilisi has to offer.