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BOE-A-2026-12604 ·10 June 2026 ·Act critical
Administrative

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

The Bank of Spain Resolution publishes the official euro exchange rates for 9 June 2026, in accordance with the ECB, and establishes that these rates shall have official effect pursuant to Law 46/1998 (Art. 36). This change affects all users of exchange rates in financial transactions, international trade, or foreign currency payments. The published rates supersede previous ones from that date and must be used for managing commercial and financial operations.

In 2 key points

  1. Official euro exchange rates are updated daily according to the ECB and have official effect from the date of publication (Art. 36 of Law 46/1998) (art. 36 Ley 46/1998)
  2. 1 euro = 1.1573 US dollars (and other rates detailed in the text) (CAMBIOS)

How it affects those involved

Traders and companies conducting international operations must update their price and cost calculations in foreign currencies using the new official rates. Individuals making foreign currency payments or purchasing foreign products must also use the new rates. Financial institutions must adjust their internal systems to reflect the new rates. Financial advisors must inform their clients about the change and its implications for profit and loss calculations.

Lifecycle

2026-06-10PublishedPublished in the BOE
2026-06-09Into forceComes into force (art. 36 Ley 46/1998)
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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