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BOE-A-2026-13736 ·24 June 2026 ·Resolution Low impact
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, businesses and individuals carrying out international transactions must update their foreign exchange calculations from the date of publication. Public authorities and financial institutions using official exchange rates must apply the new rates to comply with regulations. Finance advisors should review their calculations and communicate the updates to their clients. Using outdated exchange rates may result in losses or payment disputes.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?

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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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