Skip to content
BOE-A-2026-8938 ·23 April 2026 ·Act critical
Administrative

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

The Bank of Spain Resolution publishes the official euro exchange rates for 22 April 2026, in accordance with the ECB, and establishes that these rates shall have official effect pursuant to Law 46/1998 (Art. 36). This change affects all parties using official exchange rates in economic transactions, such as invoicing, payments, or currency conversion. The published rates must be adopted as the official reference for administrative and commercial purposes.

In 2 key points

  1. Official euro exchange rates are updated daily according to the ECB and are considered official from the date of publication (Art. 36 of Law 46/1998) (art. 36 Ley 46/1998)
  2. The rates published on 22 April 2026 (1 euro = 1.1733 dollars, etc.) are those that will take official effect from that date (texto fuente)

How it affects those involved

Entrepreneurs, individuals, and public administrations conducting foreign currency transactions must adopt the new official rates to avoid discrepancies in invoices, payments, or interest rates. Financial advisors and fund managers must update their exchange rate databases. Businesses operating in foreign currencies may see their margins affected by the change in rates. The Bank of Spain is not introducing new obligations, but is establishing the official validity of the published rates.

Lifecycle

2026-04-23PublishedPublished in the BOE
2026-04-22Into 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.

Talk to the administrative team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact