12-month Euribor – August 2024

Average · complete
3.166 %
vs previous month
down -0.360 pp
Low / High
3.088 % / 3.349 %
First → Last
3.349 % → 3.088 %
ECB avg
3.166 %

The average 12-month Euribor for August 2024 is 3.166 %, computed from 22 daily fixings (complete). The month opened at 3.349 %, closed at 3.088 %, with a low of 3.088 % and a high of 3.349 %. Versus July 2024 the average is down -0.360 pp.

Most variable mortgages in the euro area are revised on the monthly average, not the daily value. A loan that resets in August on the 12-month Euribor plus 1 pp would pay 4.17 % 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?

3.166 % + 1.00 pp = 4.17 %
Monthly payment
€922
At the previous revision (3.526 %)
€951
-€29 / month

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

August 2024

12-month Euribor August 2024: average 3.166 %3.103.203.300108152229

Source: Bank of Finland. Published with a 24-hour delay.

Date

DateRateChange
3.088 %-0.020 pp
3.108 %-0.011 pp
3.119 %+0.024 pp
3.095 %-0.021 pp
3.116 %+0.014 pp
3.102 %-0.031 pp
3.133 %-0.029 pp
3.162 %+0.003 pp
3.159 %-0.024 pp
3.183 %+0.044 pp
3.139 %+0.022 pp
3.117 %-0.031 pp
3.148 %-0.032 pp
3.180 %-0.011 pp
3.191 %+0.015 pp
3.176 %-0.026 pp
3.202 %+0.010 pp
3.192 %+0.054 pp
3.138 %-0.100 pp
3.238 %-0.082 pp
3.320 %-0.029 pp
3.349 %

Source: Bank of Finland. Published with a 24-hour delay.

Frequently asked questions

What is the 12-month Euribor average for August 2024?

3.166 %, computed from 22 daily fixings. The ECB's official monthly average is 3.166 %.

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

Reference 3.166 % plus your contractual spread; with a 1 pp spread the new rate is 4.17 %. 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