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BOE-A-2026-2613 ·4 February 2026 ·Act critical
Administrative

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

The Bank of Spain Resolution publishes the euro exchange rates for 3 February 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 sectors using the euro as a reference currency.

In 2 key points

  1. The exchange rates for 3 February 2026 are official and must be used in financial transactions (art. 36 de la Ley 46/1998)
  2. 1 euro = 1.1801 US dollars (official rate from 3 February 2026) (texto fuente)

How it affects those involved

Traders, businesses, and individuals conducting international transactions must update their exchange rate calculations to avoid errors in pricing, payments, or contracts. Public administrations and financial institutions must incorporate the new rates into their internal systems. Financial advisors should inform their clients about the new rates to ensure calculation accuracy. The risk of discrepancies in operations may increase if updates are not made in a timely manner.

Lifecycle

2026-02-04PublishedPublished in the BOE
2026-02-03Into 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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