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The Bank of Spain's resolution publishes the euro exchange rates from 5 May 2026 set by the ECB, now officially effective (Art. 36 of Law 46/1998). These rates affect all parties using official exchange rates for financial, trade, or accounting operations. Rates must be updated in internal records and currency conversion transactions to avoid errors or penalties for deviation.
Business operators and individuals carrying out international transactions must update their exchange rates to avoid errors in invoices, payments or profit calculations. Public administrations and financial institutions using official rates must adjust their internal systems. Finance advisors must inform their clients about the new rates and ensure they are applied in currency conversion operations. The risk of deviation in commercial transactions increases if updates are not made in a timely manner.
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