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BOE-A-2026-12172 ·5 June 2026 ·Resolution Low impact
Administrative

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

The Bank of Spain's resolution publishes the official euro exchange rates for 4 June 2026 as set by the ECB, effective under Law 46/1998 (art. 36). These rates replace previous ones and must be adopted by financial and commercial entities for official calculations.

In 3 key points

  1. 1 euro = 1.1640 US dollars (art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. Official exchange rates published on 4 June 2026 (art. 1) (art. 1)
  3. Official exchange rate adjustments in accordance with Law 46/1998 (art. 36) (art. 36 Ley 46/1998)

How it affects those involved

Businesses and individuals carrying out international operations must update their foreign exchange calculations in light of the new official publication. Financial institutions must revise their internal systems and communications. Finance and trade advisors should review their budgets and contracts to ensure calculation accuracy. The risk of conversion errors may increase if updates are not carried out in a timely manner.

Lifecycle

2026-06-05PublishedPublished in the BOE
2026-06-04Into forceComes into force (art. 1)
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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