To write the decimal as a fraction, we can call the repeating part $x$:
$2.1\overline{6} = 2 + \frac{x}{10}$
Since there is one digit repeating, multiplying by 10 shifts the repeating part one place to the left:
$10x = 26.\overline{6}$
Then, we subtract the original equation from the modified equation to eliminate the repeating part:
$10x - x = 26.\overline{6} - 2.\overline{6} \\ 9x = 24 \\ x = \frac{24}{9} \\ x = \frac{8}{3}$
Finally, we substitute this value back into our original equation:
$2 + \frac{8}{3} = \frac{2 \cdot 3}{1 \cdot 3} + \frac{8}{3} = \frac{6 + 8}{3} = \frac{14}{3}$
Therefore, $\frac{2.1\overline{6}}{1} = \frac{14}{3}$.