Skip to content
BOE-A-2026-13202 ·17 June 2026 ·Resolution Low impact
Administrative

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

The Bank of Spain publishes the official euro exchange rates as of 16 June 2026, under Article 36 of Law 46/1998. These rates must be used in official financial transactions and foreign exchange quotations. The rate changes impact all sectors conducting foreign exchange operations, especially international trade, financial services, and exports. Public bodies and companies must update their internal systems to reflect the new rates from the publication date.

In 2 key points

  1. Official exchange rates are published on 16 June 2026 and must be used in financial operations (texto del artículo 36 de la Ley 46/1998)
  2. The Bank of Spain publishes the official rates in its resolution of 16 June 2026 (Resolución de 16 de junio de 2026 del Banco de España)

How it affects those involved

For businesses and individuals carrying out foreign exchange operations, official exchange rates will be established and must be used in invoices, payments, and quotations. This directly affects import and export costs, and discrepancies may arise if older rates are still applied. Companies that fail to update their systems risk breaching transparency regulations and making errors in the calculation of profits or losses. Financial advisers must adjust their reports and recommendations to reflect the new rates.

Lifecycle

2026-06-17PublishedPublished in the BOE
2026-06-17Into forceComes into force (Resolución de 16 de junio de 2026 del Banco de España)
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