12-month Euribor – November 2024

Average · complete
2.506 %
vs previous month
down -0.186 pp
Low / High
2.393 % / 2.642 %
First → Last
2.629 % → 2.461 %
ECB avg
2.506 %

The average 12-month Euribor for November 2024 is 2.506 %, computed from 21 daily fixings (complete). The month opened at 2.629 %, closed at 2.461 %, with a low of 2.393 % and a high of 2.642 %. Versus October 2024 the average is down -0.186 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 3.51 % 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?

2.506 % + 1.00 pp = 3.51 %
Monthly payment
€870
At the previous revision (2.691 %)
€885
-€14 / month

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

November 2024

12-month Euribor November 2024: average 2.506 %2.402.502.600108152229

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

Date

DateRateChange
2.461 %-0.002 pp
2.463 %+0.015 pp
2.448 %+0.055 pp
2.393 %-0.023 pp
2.416 %-0.073 pp
2.489 %-0.002 pp
2.491 %+0.026 pp
2.465 %+0.017 pp
2.448 %+0.016 pp
2.432 %-0.043 pp
2.475 %-0.019 pp
2.494 %-0.001 pp
2.495 %-0.007 pp
2.502 %-0.026 pp
2.528 %-0.006 pp
2.534 %-0.029 pp
2.563 %-0.079 pp
2.642 %+0.012 pp
2.630 %+0.011 pp
2.619 %-0.010 pp
2.629 %

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

Frequently asked questions

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

2.506 %, computed from 21 daily fixings. The ECB's official monthly average is 2.506 %.

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

Reference 2.506 % plus your contractual spread; with a 1 pp spread the new rate is 3.51 %. 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