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BOE-A-2026-10041 ·8 May 2026 ·Act critical
Administrative

Businesses and individuals: 3 months to update official exchange rates or risk discrepancies

The Bank of Spain Resolution publishes the official euro exchange rates for 7 May 2026, in accordance with Article 36 of Law 46/1998. These rates supersede previous ones and must be used by companies, individuals, and public administrations in financial transactions. This change directly affects the calculation of foreign currency amounts, particularly regarding 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 transactions (texto fuente)
  2. The change affects all foreign currency operations, including exports and imports (art. 36 Ley 46/1998)

How it affects those involved

Companies conducting foreign currency transactions must update their conversion calculations to avoid errors in invoicing, payments, or pricing. Individuals making foreign currency purchases or sales may encounter errors if using previous rates. Public administrations must adjust their financial records. Financial advisors should inform their clients of the new rates and verify their application in current 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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