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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.
Businesses, individuals and financial institutions must update their foreign exchange calculations in international transactions, contracts or tax declarations. Financial advisors and managers should review their calculations to avoid errors in exchange rates. Tax authorities may require the use of these official rates in tax filings. The change does not generate direct costs, but it entails a mandatory update across all processes that use exchange rates.
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