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BOE-A-2026-8938 ·23 April 2026 ·Resolution Low impact
Administrative

Businesses and individuals: 3 months to update official exchange rates or deviation risks

The Bank of Spain's resolution publishes the official euro exchange rates for 22 April 2026 as set by the ECB, effective under Law 46/1998 (art. 36). These rates apply to all economic operations such as invoicing, payments, or currency conversion, and must be used as official reference in administrative and commercial contexts.

In 2 key points

  1. Official euro exchange rates are updated daily by the ECB and are considered official from the date of publication (Art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. The exchange rates published on 22 April 2026 (1 euro = 1.1733 US dollars, etc.) shall be officially effective from that date (texto fuente)

How it affects those involved

Businesses, individuals and public administrations carrying out foreign exchange operations must adopt the new official rates to avoid discrepancies in invoices, payments or interest rates. Financial advisers and fund managers must update their foreign exchange rate databases. Retail businesses operating in foreign currencies may experience changes in their profit margins due to the revised exchange rates. The Bank of Spain is not introducing new obligations, but rather establishes 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.

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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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