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BOE-A-2026-14564 ·4 July 2026 ·Act critical
Administrative

Businesses and individuals: 3 months to update official exchange rates or risk deviation

The Bank of Spain Resolution publishes the euro exchange rates for 3 July 2026, established by the ECB, which now have official effect (Art. 36 of Law 46/1998). These rates supersede previous ones and must be used in financial transactions, contracts, and official communications. This change affects all exchange rate users in Spain, particularly in international operations.

In 2 key points

  1. Official exchange rates are updated on 3 July 2026 and take immediate effect (Art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. 1 euro = 1.1448 US dollars (official exchange rate from 3 July 2026) (cambio 1 euro = 1,1448 dólares USA)

How it affects those involved

Businesses and individuals conducting international transactions must update their financial calculations with the new exchange rates to avoid errors in pricing, payments, or costs. Financial institutions must integrate the new rates into their calculation systems. Financial advisors should inform their clients of these modifications. There are no changes to the legal framework, but data must be updated for real-world operations.

Lifecycle

2026-07-04PublishedPublished in the BOE
2026-07-04Into 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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