12-month Euribor – October 2022

Average · complete
2.629 %
vs previous month
up +0.396 pp
Low / High
2.363 % / 2.778 %
First → Last
2.500 % → 2.630 %
ECB avg
2.629 %

The average 12-month Euribor for October 2022 is 2.629 %, computed from 21 daily fixings (complete). The month opened at 2.500 %, closed at 2.630 %, with a low of 2.363 % and a high of 2.778 %. Versus September 2022 the average is up +0.396 pp.

Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in October on the 12-month Euribor plus 1 pp would pay 3.63 % for the coming period.

Every number on this page is an official published fixing, not an estimate: daily values are the Euribor fixings as published in the ECB / Eurosystem's official statistics, monthly averages are the arithmetic mean of those fixings and are cross-checked against the ECB Data Portal, and the tables are refreshed every business day after the previous day's fixing appears. Tenors use the ACT/360 convention. Where a monthly average differs from the ECB figure by more than a hundredth of a point the methodology page lists the case.

What does it mean for a mortgage?

2.629 % + 1.00 pp = 3.63 %
Monthly payment
€880
At the previous revision (2.233 %)
€850
+€30 / month

Annuity formula; assumes the rate applies for the whole remaining term. Your bank may round or use a different convention.

October 2022

12-month Euribor October 2022: average 2.629 %2.402.602.800310172431

Source: official ECB / Eurosystem data. Published with a 24-hour delay.

Date

DateRateChange
2.630 %+0.063 pp
2.567 %-0.104 pp
2.671 %-0.019 pp
2.690 %-0.035 pp
2.725 %-0.013 pp
2.738 %-0.040 pp
2.778 %+0.045 pp
2.733 %+0.049 pp
2.684 %-0.014 pp
2.698 %+0.019 pp
2.679 %+0.002 pp
2.677 %+0.016 pp
2.661 %+0.002 pp
2.659 %-0.034 pp
2.693 %+0.054 pp
2.639 %+0.087 pp
2.552 %+0.082 pp
2.470 %+0.107 pp
2.363 %-0.047 pp
2.410 %-0.090 pp
2.500 %

Source: official ECB / Eurosystem data. Published with a 24-hour delay.

Frequently asked questions

What is the 12-month Euribor average for October 2022?

2.629 %, computed from 21 daily fixings. The ECB's official monthly average is 2.629 %.

My mortgage revises with the October average – what rate applies?

Reference 2.629 % plus your contractual spread; with a 1 pp spread the new rate is 3.63 %. Check whether your contract uses the previous month or the month before that.

Source: official ECB / Eurosystem data. Published with a 24-hour delay. 07/09/2026