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

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.