Sending cash to Georgia is fairly easy as there are plenty of good options available to you. Regardless of whether you’re looking for speed, cheap service, ease of use, or any combination of the three, there should be a method that you find agreeable for sending cash to Georgia from any international country.
The current exchange rate for the Georgian Lari (GEL) is 3.314978 GEL per American Dollar (USD) as of the time this was written. The GEL reached a high of 3.4600 GEL per USD and a low of 3.2650 GEL per USD during the last 90 days. The average exchange rate for the last 90 days was 3.3350 GEL per USD.
The GEL had an average volatility rate of 0.18% against the USD for the last 90 days. This is a low volatility rate, and the GEL has further stabilized in recent weeks. You can reasonably expect only minor fluctuations in exchange rates to continue, barring any unforeseen circumstances.
The fastest way to send cash online to Georgia is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money should reach its Georgian destination in a matter of minutes. The fast option offered by Ria Money Transfer is somewhat pricey, but it is the fastest option. Most of the more expensive options are also much, much slower when it comes to waiting times. In the end, Ria Money Transfer’s fast option is the fastest option and is a well-rounded option, too.
The cheapest way to send currencies online to Georgia is through Ria Money Transfer’s slow option. With Ria Money Transfer’s slow option, the hidden currency conversion fees are quite low, and the stated upfront fees are even lower. The end result is a very cheap method for sending cash to Georgia.
If you are against using Ria Money Transfer for ease of use purposes, TransferWise is comparably cheap. This is especially true for smaller transfers.
The easiest way to send cash to Georgia is through TransferWise. With TransferWise, you just need to set up your account and follow a very simple process:
1) Tap in the amount of money you need to send
2) Tap in the destination for the money
3) Pay TransferWise for the transaction
4) Wait one or two days for your money to reach its Georgian destination
TransferWise offers the overall best service for sending currencies to Georgia. TransferWise simply offers the best-rounded deal for Georgia. Their waiting times are moderate, but they charge you very little money and make sending money easy.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com