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BOE-A-2026-13881 ·25 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 24, 2026, from the ECB, which now have official status (Art. 36 of Law 46/1998). These rates replace previous ones and must be used in financial operations, contracts, and official communications. The change affects all users of the euro in Spain, including individuals and businesses.

In 2 key points

  1. Official exchange rates are updated daily by the ECB (Article 36 of Law 46/1998) (art. 36 Ley 46/1998)
  2. The new rates come into effect from 24 June 2026 (publication date) (texto fuente)

How it affects those involved

Individuals and businesses carrying out international transactions must update their foreign exchange calculations from the date of publication. Banks and financial institutions must incorporate the new exchange rates into their products and services. Financial advisers and asset managers must review their calculations and communicate the changes to their clients. The foreign trade and financial services sectors are most affected by the need for updates.

Lifecycle

2026-06-25PublishedPublished in the BOE
2026-06-25Into forceComes into force (texto fuente)
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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