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BOE-A-2026-14007 ·27 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 effective from June 26, 2026, as set by the European Central Bank, in accordance with Article 36 of Law 46/1998. These rates are officially recognized and must be used in financial operations, contracts, and commercial communications. The change impacts all users of foreign currencies in Spain, especially in international payments, invoicing, and interest rates.

In 2 key points

  1. Official exchange rates are updated on 26 June 2026 and take immediate effect (texto fuente)
  2. The rates apply to financial transactions, billing, and commercial contracts (art. 36 Ley 46/1998)

How it affects those involved

Businesses and individuals making international payments or entering foreign currency contracts must update their calculations based on the new rates. Public administrations and financial institutions must incorporate the new rates into their billing and interest calculation systems. Financial advisors must inform their clients of the new rates and review existing contracts. Traders operating in foreign currencies may see changes to their profit margins or conversion costs.

Lifecycle

2026-06-27PublishedPublished in the BOE
2026-06-27Into forceComes into force (texto fuente)
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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