|On the territory of Georgia payment can only be made in Georgian
Lari (GEL), which was put into circulation in 1995.
approximate exchange rate on today
All kinds of payments (shopping in stores and markets, paying restaurant, hotel and
other services) are made in cash. Only several large hotels and banks accept credit cards
and cheques. The most popular foreign currency is the US dollar. It is strongly
recommended to have dollars in cash when staying in Georgia. German Marks and Russian
Rubles are also used. Foreign currency can be exchanged at special exchange shops in
the streets of large towns. Currency other than US$, DM and RR,
can be exchanged in the banks.
The import and export of local currency is prohibited. Foreign currency
must be declared on arrival. The export of foreign currency is limited to the amount
Monetary transfers are provided by Western Union and large banks.
1 Lari (GEL) = 100 Tetri.
Notes are in denominations of 1, 2, 5, 10, 20, 50 and 100
Coins are in denominations of 1, 2, 5, 10, 20 and