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BOE-A-2026-9947 ·7 May 2026 ·Act critical
Administrative

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

The Bank of Spain Resolution publishes the official euro exchange rates for 6 May 2026, in accordance with Article 36 of Law 46/1998. These rates are deemed official for the calculation of prices and commercial transactions. New values are established for 28 foreign currencies, replacing previous ones. This change affects all sectors that use official rates for pricing, taxation, or currency conversions.

In 2 key points

  1. 1 euro = 1.1762 US dollars (Art. 36 Law 46/1998) (art. 36 Ley 46/1998)
  2. All official rates are updated on 6 May 2026 (Resolución de 6 de mayo de 2026)

How it affects those involved

Companies operating in international markets must update their prices and financial calculations according to the new official rates. Individuals making purchases or sales in foreign currency may see changes in their quotes. Public administrations and financial managers must adjust their calculation systems. Financial advisors should inform their clients about the new rates and their implications for calculating taxes or costs.

Lifecycle

2026-05-07PublishedPublished in the BOE
2026-05-06Into forceComes into force (Resolución de 6 de mayo de 2026)
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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