Skip to content
BOE-A-2026-10600 ·15 May 2026 ·Resolution Low impact
Administrative

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

The Bank of Spain publishes official exchange rates for the euro as of May 14, 2026, in accordance with Article 36 of Law 46/1998. These rates are considered official for all financial uses and must be updated in financial records and transactions. The change affects any entity using the euro as a reference currency in financial operations, especially in international conversions.

In 2 key points

  1. Official exchange rates are updated on 14 May 2026 (Art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. Published rates have official recognition for all financial uses (art. 36 Ley 46/1998)

How it affects those involved

Businesses and individuals carrying out international transactions must update their financial records with the new exchange rates to avoid errors in profit, tax, or cost calculations. Authorities and financial institutions managing currency conversions should review their internal systems. Finance advisors must inform their clients of the updated exchange rates to ensure accuracy in calculations.

Lifecycle

2026-05-15PublishedPublished in the BOE
2026-05-14Into forceComes into force (art. 36 Ley 46/1998)
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The administrative team reviews your specific situation.

Talk to the administrative team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact