12-month Euribor – November 2023
The average 12-month Euribor for November 2023 is 4.022 %, computed from 22 daily fixings (complete). The month opened at 4.044 %, closed at 3.926 %, with a low of 3.926 % and a high of 4.064 %. Versus October 2023 the average is down -0.138 pp.
Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in November on the 12-month Euribor plus 1 pp would pay 5.02 % for the coming period.
Every number on this page is a published fixing, not an estimate: daily values come from the Bank of Finland's copy of the Euribor series, monthly averages are the arithmetic mean of those fixings and are cross-checked against the ECB Data Portal, and the tables are rebuilt each 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?
Annuity formula; assumes the rate applies for the whole remaining term. Your bank may round or use a different convention.
November 2023
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 3.926 % | -0.057 pp | |
| 3.983 % | -0.032 pp | |
| 4.015 % | -0.042 pp | |
| 4.057 % | +0.001 pp | |
| 4.056 % | +0.022 pp | |
| 4.034 % | +0.018 pp | |
| 4.016 % | -0.007 pp | |
| 4.023 % | +0.008 pp | |
| 4.015 % | +0.024 pp | |
| 3.991 % | -0.042 pp | |
| 4.033 % | +0.005 pp | |
| 4.028 % | -0.036 pp | |
| 4.064 % | +0.024 pp | |
| 4.040 % | 0.000 pp | |
| 4.040 % | +0.012 pp | |
| 4.028 % | +0.001 pp | |
| 4.027 % | -0.001 pp | |
| 4.028 % | +0.006 pp | |
| 4.022 % | +0.018 pp | |
| 4.004 % | -0.008 pp | |
| 4.012 % | -0.032 pp | |
| 4.044 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 12-month Euribor average for November 2023?
4.022 %, computed from 22 daily fixings. The ECB's official monthly average is 4.022 %.
My mortgage revises with the November average – what rate applies?
Reference 4.022 % plus your contractual spread; with a 1 pp spread the new rate is 5.02 %. Check whether your contract uses the previous month or the month before that.
Source: Bank of Finland (daily fixings), ECB Data Portal (monthly averages). Published with a 24-hour delay. 07/09/2026