TZS black market rate on Oct 16, 2026: 2,636 per USD
On Friday, October 16, 2026, the US dollar traded at about 2,636 TZS on Tanzania's parallel (black) market at the close of observations. The day opened at 2,638 TZS, reached a high of 2,643 and a low of 2,633, a trading range of 10.45 TZS (0.40%).
Across 288 observations, the average price to buy dollars was 2,639 TZS and the average price received when selling dollars was 2,651 TZS. Over the session the Tanzanian Shilling strengthened against the dollar (-0.09% from open to close).
Official rate vs black market rate on Oct 16, 2026
The official exchange rate published for Tanzania on this date was 2,633 TZS per USD. The parallel-market close of 2,636 TZS therefore implied a premium of +0.10% 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 2,637 TZS), the rate moved -0.05%.
One week earlier (Oct 9, 2026) the close was 2,627 TZS, so the weekly change was +0.31%.
Thirty days earlier (Sep 16, 2026) the close was 2,645 TZS, a -0.36% move over the month.
How this daily figure is produced
ETCurrency samples Tanzania's USD/TZS 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 Tanzanian Shilling black market rate on Oct 16, 2026?
- The USD to TZS parallel market rate closed at approximately 2,636 TZS per US dollar on Friday, October 16, 2026, after trading between 2,633 and 2,643 TZS.
- How much did the TZS move against the dollar that day?
- From an open of 2,638 to a close of 2,636 TZS, the parallel rate moved -0.09% on Oct 16, 2026.
- What was the gap between the official and black market TZS rate on that date?
- The official rate was 2,633 TZS per USD versus a parallel close of 2,636 TZS, a premium of +0.10%.
- Was the TZS black market rate higher or lower than the day before?
- Lower: the previous observed close was 2,637 TZS on Oct 15, 2026, a change of -0.05%.
Figures are aggregated parallel-market observations for Tanzania in UTC and are indicative only; they are not a quote to trade. See the full USD → Tanzanian Shilling history or today's live rate.