GNF black market rate on Oct 16, 2026: 9,975 per USD
On Friday, October 16, 2026, the US dollar traded at about 9,975 GNF on Guinea's parallel (black) market at the close of observations. The day opened at 9,950 GNF, reached a high of 9,986 and a low of 9,888, a trading range of 98.18 GNF (0.99%).
Across 288 observations, the average price to buy dollars was 9,952 GNF and the average price received when selling dollars was 10,009 GNF. Over the session the Guinean Franc weakened against the dollar (+0.25% from open to close).
Official rate vs black market rate on Oct 16, 2026
The official exchange rate published for Guinea on this date was 8,799 GNF per USD. The parallel-market close of 9,975 GNF therefore implied a premium of +13.36% over the official rate — a wide gap that typically signals dollar shortages in the formal banking system.
How Oct 16, 2026 compares
Compared with the previous observed day (Oct 15, 2026, close 9,950 GNF), the rate moved +0.25%.
One week earlier (Oct 9, 2026) the close was 9,850 GNF, so the weekly change was +1.27%.
Thirty days earlier (Sep 16, 2026) the close was 9,608 GNF, a +3.82% move over the month.
How this daily figure is produced
ETCurrency samples Guinea's USD/GNF parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Oct 16, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Guinean Franc black market rate on Oct 16, 2026?
- The USD to GNF parallel market rate closed at approximately 9,975 GNF per US dollar on Friday, October 16, 2026, after trading between 9,888 and 9,986 GNF.
- How much did the GNF move against the dollar that day?
- From an open of 9,950 to a close of 9,975 GNF, the parallel rate moved +0.25% on Oct 16, 2026.
- What was the gap between the official and black market GNF rate on that date?
- The official rate was 8,799 GNF per USD versus a parallel close of 9,975 GNF, a premium of +13.36%.
- Was the GNF black market rate higher or lower than the day before?
- Higher: the previous observed close was 9,950 GNF on Oct 15, 2026, a change of +0.25%.
Figures are aggregated parallel-market observations for Guinea in UTC and are indicative only; they are not a quote to trade. See the full USD → Guinean Franc history or today's live rate.