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BOE-A-2026-14749 ·7 July 2026 ·Act High impact
Administrative

Businesses and individuals: 1 month to update official exchange rates from euro to foreign currencies

The Bank of Spain publishes official exchange rates for the euro as of July 6, 2026, approved by the European Central Bank (Art. 36 of Law 46/1998). These rates replace previous ones and must be used by businesses, individuals, and public bodies in official financial operations. The change directly impacts foreign currency calculations, especially in international payments or currency conversions.

In 3 key points

  1. Official exchange rates are updated daily according to the ECB (Art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. 1 euro = 1.1415 US dollars (official rate for 6 July 2026) (cambio 1 euro = 1,1415 dólares USA)
  3. Rates must be used in official financial transactions from the date of publication (art. 36 Ley 46/1998)

How it affects those involved

For companies making international payments, exchange rate calculations must be updated to prevent errors in invoicing, amounts, or costs. Individuals making purchases or travelling in foreign currencies must use the new rates to ensure cost accuracy. Public administrations must update their systems for calculating taxes or subsidies. Financial advisors must inform their clients of the change and verify update deadlines.

Lifecycle

2026-07-07PublishedPublished in the BOE
2026-07-07Into forceComes into force (Resolución de 6 de julio de 2026, del Banco de España)
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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