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BOE-A-2026-985 ·16 January 2026 ·Act critical
Administrative

Entities and individuals: update official exchange rates as of January 15, 2026

The Bank of Spain publishes new euro exchange rates as of January 15, 2026, in accordance with Article 36 of Law 46/1998. These rates are officially recognized and must be used in financial operations, contracts, and tax declarations requiring official exchange rates.

In 2 key points

  1. Official exchange rates will be updated on 15 January 2026 for all listed currency pairs (texto fuente)
  2. The changes take official effect in accordance with Article 36 of Law 46/1998 (art. 36)

How it affects those involved

Businesses, individuals, and financial institutions must update their conversion calculations for international transactions, contracts, or tax returns. Financial advisors and managers should review their calculations to prevent rate errors. Tax authorities may require the use of these official rates in filings. While the change does not incur direct costs, it necessitates a mandatory update to all processes involving exchange rates.

Lifecycle

2026-01-16PublishedPublished in the BOE
2026-01-15Into forceComes into force (texto fuente)
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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