TRY black market rate on Jul 16, 2026: 48.05 per USD
On Thursday, July 16, 2026, the US dollar traded at about 48.05 TRY on Turkey's parallel (black) market at the close of observations. The day opened at 47.65 TRY, reached a high of 48.74 and a low of 47.2, a trading range of 1.54 TRY (3.26%).
Across 288 observations, the average price to buy dollars was 48.17 TRY and the average price received when selling dollars was 48.41 TRY. Over the session the Turkish Lira weakened against the dollar (+0.84% from open to close).
Official rate vs black market rate on Jul 16, 2026
The official exchange rate published for Turkey on this date was 47.07 TRY per USD. The parallel-market close of 48.05 TRY therefore implied a premium of +2.09% over the official rate — a moderate gap consistent with limited but functioning official access to foreign exchange.
How Jul 16, 2026 compares
Compared with the previous observed day (Jul 15, 2026, close 47.65 TRY), the rate moved +0.84%.
One week earlier (Jul 9, 2026) the close was 47.04 TRY, so the weekly change was +2.15%.
Thirty days earlier (Jun 16, 2026) the close was 46.9 TRY, a +2.45% move over the month.
How this daily figure is produced
ETCurrency samples Turkey's USD/TRY 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 Jul 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 Turkish Lira black market rate on Jul 16, 2026?
- The USD to TRY parallel market rate closed at approximately 48.05 TRY per US dollar on Thursday, July 16, 2026, after trading between 47.2 and 48.74 TRY.
- How much did the TRY move against the dollar that day?
- From an open of 47.65 to a close of 48.05 TRY, the parallel rate moved +0.84% on Jul 16, 2026.
- What was the gap between the official and black market TRY rate on that date?
- The official rate was 47.07 TRY per USD versus a parallel close of 48.05 TRY, a premium of +2.09%.
- Was the TRY black market rate higher or lower than the day before?
- Higher: the previous observed close was 47.65 TRY on Jul 15, 2026, a change of +0.84%.
Figures are aggregated parallel-market observations for Turkey in UTC and are indicative only; they are not a quote to trade. See the full USD → Turkish Lira history or today's live rate.