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The Bank of Spain publishes the new euro exchange rates as of 20 March 2026, set by the European Central Bank. These rates are officially effective and must be used in financial transactions, contracts, and tax declarations. The update takes effect immediately without delay.
Business operators, individuals and public administrations carrying out international transactions must update their foreign exchange conversion calculations immediately. Financial advisers and account managers should review their calculations to avoid errors in invoices, payments or declarations. Traders operating in foreign currencies may experience changes to their profit margins or import/export costs due to the new exchange rates.
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