TRY black market rate on Oct 16, 2026: 50.08 per USD
On Friday, October 16, 2026, the US dollar traded at about 50.08 TRY on Turkey's parallel (black) market at the close of observations. The day opened at 50.1 TRY, reached a high of 51.21 and a low of 49.94, a trading range of 1.27 TRY (2.55%).
Across 288 observations, the average price to buy dollars was 50.53 TRY and the average price received when selling dollars was 51.62 TRY. Over the session the Turkish Lira was broadly flat against the dollar (-0.05% from open to close).
Official rate vs black market rate on Oct 16, 2026
The official exchange rate published for Turkey on this date was 49.48 TRY per USD. The parallel-market close of 50.08 TRY therefore implied a premium of +1.20% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Oct 16, 2026 compares
Compared with the previous observed day (Oct 15, 2026, close 50.1 TRY), the rate moved -0.05%.
One week earlier (Oct 9, 2026) the close was 50.08 TRY, so the weekly change was 0.00%.
Thirty days earlier (Sep 16, 2026) the close was 48.76 TRY, a +2.70% 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 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 Turkish Lira black market rate on Oct 16, 2026?
- The USD to TRY parallel market rate closed at approximately 50.08 TRY per US dollar on Friday, October 16, 2026, after trading between 49.94 and 51.21 TRY.
- How much did the TRY move against the dollar that day?
- From an open of 50.1 to a close of 50.08 TRY, the parallel rate moved -0.05% on Oct 16, 2026.
- What was the gap between the official and black market TRY rate on that date?
- The official rate was 49.48 TRY per USD versus a parallel close of 50.08 TRY, a premium of +1.20%.
- Was the TRY black market rate higher or lower than the day before?
- Lower: the previous observed close was 50.1 TRY on Oct 15, 2026, a change of -0.05%.
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.