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The Bank of Spain's resolution publishes the euro exchange rates from 2 April 2026 set by the ECB, now officially effective under Article 36 of Law 46/1998. These rates replace previous ones and must be used in financial transactions, contracts and tax declarations. The change impacts all parties involved in foreign exchange operations, especially international payments and tax calculations.
Businesses and individuals carrying out international payments or tax calculations must update their exchange rates from 2 April 2026. Tax authorities and banks will use the new rates in their official calculations. Financial advisers should review their reports and declarations to ensure accuracy in conversions. Using outdated exchange rates may result in fines or tax discrepancies.
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