Skip to content
BOE-A-2026-13736 ·24 June 2026 ·Act critical
Administrative

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

The Bank of Spain resolution publishes euro exchange rates as of June 23, 2026, set by the European Central Bank, which now have official status (art. 36 of Law 46/1998). This change affects all parties using official exchange rates for financial, commercial, or international payment purposes. The rates are published in official format and are valid for all administrative and commercial purposes.

In 2 key points

  1. 1 euro = 1.1392 US dollars (Art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. All official exchange rates are updated on 23 June 2026 (art. 36 Ley 46/1998)

How it affects those involved

Traders, companies, and individuals conducting international transactions must update their exchange rate calculations from the date of publication. Public administrations and financial institutions using official rates must apply the new rates to ensure regulatory compliance. Financial advisors should review their calculations and communicate these updates to their clients. Errors in using previous rates may result in financial losses or payment disputes.

Lifecycle

2026-06-24PublishedPublished in the BOE
2026-06-24Into 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