12-month Euribor – January 2024
The average 12-month Euribor for January 2024 is 3.605 %, computed from 23 daily fixings (complete). The month opened at 3.513 %, closed at 3.572 %, with a low of 3.513 % and a high of 3.676 %. Versus December 2023 the average is down -0.074 pp.
Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in January on the 12-month Euribor plus 1 pp would pay 4.61 % 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.
January 2024
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 3.572 % | +0.019 pp | |
| 3.553 % | -0.029 pp | |
| 3.582 % | -0.015 pp | |
| 3.597 % | -0.065 pp | |
| 3.662 % | -0.014 pp | |
| 3.676 % | +0.011 pp | |
| 3.665 % | -0.007 pp | |
| 3.672 % | +0.017 pp | |
| 3.655 % | -0.005 pp | |
| 3.660 % | +0.064 pp | |
| 3.596 % | 0.000 pp | |
| 3.596 % | +0.026 pp | |
| 3.570 % | -0.066 pp | |
| 3.636 % | -0.018 pp | |
| 3.654 % | +0.019 pp | |
| 3.635 % | +0.034 pp | |
| 3.601 % | -0.015 pp | |
| 3.616 % | +0.032 pp | |
| 3.584 % | +0.040 pp | |
| 3.544 % | -0.001 pp | |
| 3.545 % | +0.013 pp | |
| 3.532 % | +0.019 pp | |
| 3.513 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 12-month Euribor average for January 2024?
3.605 %, computed from 23 daily fixings. The ECB's official monthly average is 3.609 %.
My mortgage revises with the January average – what rate applies?
Reference 3.605 % plus your contractual spread; with a 1 pp spread the new rate is 4.61 %. 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