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The Bank of Spain Resolution publishes the new euro exchange rates effective from 2 June 2026, which now hold official status (Art. 36 of Law 46/1998). These changes must be incorporated into the financial records and price calculation systems of businesses and individuals operating in foreign currencies. The current official rate system is automatically updated with these published values.
Companies managing foreign currency transactions must update the exchange rates in their financial systems within the next 30 days to avoid errors in cost, revenue, or tax calculations. Individuals making foreign currency purchases or sales must also use these official values to ensure the accuracy of their records. Financial advisors must ensure that their clients use the official rates published by the Bank of Spain.
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