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BOE-A-2026-9037 ·24 April 2026 ·Act critical
Administrative

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

The Bank of Spain Resolution publishes the official euro exchange rates for 23 April 2026, in accordance with Law 46/1998. These rates supersede previous ones and must be used in official financial transactions. The change affects all sectors using the euro as a reference currency, particularly regarding international payments, interest rates, and currency conversions.

In 3 key points

  1. Official exchange rates are published daily by the Bank of Spain and have immediate effect on financial transactions (art. 36 Ley 46/1998)
  2. 1 euro = 1.1694 US dollars (official rate for 23/04/2026) (cambio 1 euro = 1,1694 dólares USA)
  3. Rates apply to official transactions such as international payments and interest rates (art. 36 Ley 46/1998)

How it affects those involved

Traders, businesses, and individuals conducting international transactions must update their conversion calculations based on the new official rates. Financial institutions must adjust their internal systems to reflect the new rates. Financial advisors and asset managers should inform their clients of the change and review their operations. Errors in applying rates may lead to losses or discrepancies in payments and interest rates.

Lifecycle

2026-04-24PublishedPublished in the BOE
2026-04-23Into forceComes into force (Resolución de 23 de abril de 2026, del Banco de España)
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

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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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