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BOE-A-2026-10323 ·12 May 2026 ·Resolution Low impact
Administrative

Businesses and individuals: 1 month to update official exchange rates in euros

The Bank of Spain publishes official exchange rates for the euro on May 11, 2026, in accordance with Article 36 of Law 46/1998. These rates, such as 1 euro = 1.1765 USD, are now official for administrative and financial purposes. The change impacts all users of exchange rates in international transactions and monetary conversions.

In 2 key points

  1. 1 euro = 1.1765 US dollars (art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. Official rates published on 11 May 2026 (Resolución de 11 de mayo de 2026)

How it affects those involved

Businesses and individuals making international payments must update their calculations using the new official exchange rates to avoid errors in costs or revenues. Financial institutions must adjust their internal conversion systems. Finance advisors must inform their clients about the new rates. The Bank of Spain is not introducing any changes to the regulatory framework, only updating the official rates.

Lifecycle

2026-05-12PublishedPublished in the BOE
2026-05-12Into forceComes into force (Resolución de 11 de mayo de 2026)
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

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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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