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BOE-A-2026-5058 ·3 March 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 March 2, 2026, as set by the European Central Bank, in accordance with Article 36 of Law 46/1998. These rates are now official and must be used by businesses, individuals, and administrations in financial operations, contracts, or international payments.

In 2 key points

  1. The official exchange rates are published on 2 March 2026 and are binding for financial operations (art. 36 Ley 46/1998)
  2. The Bank of Spain publishes the rates in its resolution of 2 March 2026 (Resolución de 2 de marzo de 2026)

How it affects those involved

Companies engaged in international operations must update their exchange rate calculations to prevent errors in invoicing, payments, or pricing. Individuals making purchases or travelling in foreign currencies may use the new official rates. Public administrations must adopt these rates in their contracts and budgets. Financial advisors must inform their clients about the new rates and their implications.

Lifecycle

2026-03-03PublishedPublished in the BOE
2026-03-02Into forceComes into force (Resolución de 2 de marzo de 2026)
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The administrative team reviews your specific situation.

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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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