You can do a gift card exchange the most practical way if you wish. Everyone can draw names and you can each get your recipient a gift card from where you think they like to shop the most. The best part about this is that almost all establishments have these so you won't come up empty. Don't forget that you can get something from a department store for someone who is hard to shop for, or you can get gift cards for almost any restaurant chains. If you are not sure where they shop, maybe you know where they like to eat.
You can also have everyone bring a gift card to put into some type of hat or bowl. You can make a game of your gift card exchange. You can draw numbers so that someone gets to pick first. You can allow so many trades if someone likes something someone else has. There are a great many fun ways that you can work this out. You should set an amount that is agreeable with everyone, and then everyone gets the same amount of money on their card during your exchange. Someone may not end up with something they love, but you can bet they are going to find a way to use it, even if they re-gift it at another time.
Everyone has to understand how some card work if you are going to do a gift card exchange. Some cards have a fee if you do not use them within a certain amount of time. Some of them will expire before someone can use them. You may want to specify that the terms of use are included with each of the gift cards that are going to be exchanged, or that none are bought that have fees or expiration dates. Fees and other dates should be explained to you when you buy. If they are not, make sure you ask for literature to go with the card you contribute and ask that everyone else do the same.
A gift card exchange is something that you can do outside of your personal life as well. Think about holding these at work or for any company part in which gifts are often given out or exchanged. If you want to make a difference in the world, charity gift cards are a great touch instead of retain gift certificates. For practical gifts, think of cards from local grocery stores or gas stations when purchases may be more practical, but also more needed. These are always appreciated.
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