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The Bank of Spain's resolution publishes the euro exchange rates from 2 July 2026 set by the ECB, now officially effective under Article 36 of Law 46/1998. These rates replace previous ones and must be used in financial transactions, contracts, and official communications. The change impacts all sectors using the euro in international transactions.
Business operators and individuals engaging in international transactions must update their exchange rate calculations to avoid errors in pricing, costs or revenues. Financial institutions should review their internal systems to ensure they reflect the new rates. Finance advisors and accountants should inform their clients about the update. The risk of deviation in commercial operations increases if the new rates are not adopted promptly.
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