What we compare
Currently 30 sources: 13 banks, 11 microfinance organizations and 6 exchange offices, shown next to the official National Bank of Georgia rate.
Where the rates come from
Bank and microfinance rates come from their official websites and public APIs. Registered exchange offices publish their own rates in their account. Such an office appears on the site only while its account is approved and its license is valid.
How often we check
During business hours sources are checked every 1 to 3 minutes, otherwise every 15 minutes. The National Bank rate is checked every 30 minutes. Each rate shows when it was last checked.
Units and error filtering
Every rate is shown per 1 unit. When a source quotes the ruble or dram per 100 or 1,000, the rate is converted automatically. A rate that is still more than 30% away from the National Bank rate after unit correction is treated as an error and not shown.
Outdated rates
A rate the source has not confirmed for over 6 hours is marked outdated, shown in grey and never counted as best. After 72 hours it is removed from the site.
How we pick the best rate
For selling currency the best is the highest buy rate; for buying, the lowest sell rate. Only current, non-outdated rates are compared. "Best" means best among the sources GFX.GE checks, not in all of Georgia. Some providers have different rates per branch, so choosing a city shows branch rates.
Fees
Calculations do not include fees, because providers do not publish them in a consistent way. Check fees and limits on the spot before exchanging.
National Bank rate
The National Bank publishes the rate on working days and it takes effect the next day. As the current rate we always show the one in effect now. An already published next-day rate is shown separately and never presented as today's rate or a forecast.
Advertising and independence
Ad placements on the site are labelled. Ads and subscriptions do not affect the order of rates or the choice of the best one: tables are sorted by rate only.