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BOE-A-2026-10041 ·8 May 2026 ·Resolution Low impact
Administrative

Firms and individuals: 3 months to update official exchange rates or deviation risks

The Bank of Spain publishes the official euro exchange rates for 7 May 2026 under Article 36 of Law 46/1998. These rates replace previous ones and must be used by businesses, individuals and public administrations in financial transactions, directly affecting foreign currency calculations in exports, imports and international payments.

In 2 key points

  1. Official exchange rates are published on 7 May 2026 and must be used in financial operations (texto fuente)
  2. The change affects all foreign exchange operations, including exports and imports (art. 36 Ley 46/1998)

How it affects those involved

Companies conducting foreign exchange operations must update their conversion calculations to avoid errors in invoices, payments, or pricing. Individuals carrying out foreign exchange purchases or sales may encounter errors if they use outdated rates. Public administrations must adjust their financial records. Financial advisers must inform their clients about the new rates and verify their application in existing contracts.

Lifecycle

2026-05-08PublishedPublished in the BOE
2026-05-07Into forceComes into force (texto fuente)
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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