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BOE-A-2026-7031 ·26 March 2026 ·Act critical
Administrative

Businesses and individuals: 1 month to update official exchange rates in euros

The Bank of Spain publishes official euro exchange rates for March 25, 2026, in accordance with Article 36 of Law 46/1998. These rates replace previous ones and must be used by businesses, individuals, and administrations in official financial operations. The change directly impacts foreign exchange calculations, especially in international payments and currency conversions.

In 2 key points

  1. 1 euro = 1.1592 US dollars (Art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. All official exchange rates are updated on 25 March 2026 (art. 36 Ley 46/1998)

How it affects those involved

For companies making international payments, it is crucial to update exchange rate calculations to avoid errors in costs and invoicing. Individuals making purchases or travelling in foreign currencies must use the new rates to ensure accuracy in amounts. Public administrations must adjust their financial records. Financial advisors should inform their clients about the new rates and their implications for calculating taxes or costs.

Lifecycle

2026-03-26PublishedPublished in the BOE
2026-03-26Into forceComes into force (art. 36 Ley 46/1998)
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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