3-month Euribor – January 2023
The average 3-month Euribor for January 2023 is 2.345 %, computed from 22 daily fixings (complete). The month opened at 2.162 %, closed at 2.512 %, with a low of 2.162 % and a high of 2.512 %. Versus December 2022 the average is up +0.281 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 3-month Euribor plus 1 pp would pay 3.34 % 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 2023
Source: Bank of Finland. Published with a 24-hour delay.
Date
| Date | Rate | Change |
|---|---|---|
| 2.512 % | +0.030 pp | |
| 2.482 % | -0.010 pp | |
| 2.492 % | +0.024 pp | |
| 2.468 % | +0.010 pp | |
| 2.458 % | -0.043 pp | |
| 2.501 % | +0.052 pp | |
| 2.449 % | +0.032 pp | |
| 2.417 % | +0.024 pp | |
| 2.393 % | +0.051 pp | |
| 2.342 % | +0.007 pp | |
| 2.335 % | +0.001 pp | |
| 2.334 % | +0.006 pp | |
| 2.328 % | +0.040 pp | |
| 2.288 % | -0.010 pp | |
| 2.298 % | +0.014 pp | |
| 2.284 % | +0.014 pp | |
| 2.270 % | +0.016 pp | |
| 2.254 % | +0.076 pp | |
| 2.178 % | +0.008 pp | |
| 2.170 % | -0.002 pp | |
| 2.172 % | +0.010 pp | |
| 2.162 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 3-month Euribor average for January 2023?
2.345 %, computed from 22 daily fixings. The ECB's official monthly average is 2.345 %.
My mortgage revises with the January average – what rate applies?
Reference 2.345 % plus your contractual spread; with a 1 pp spread the new rate is 3.34 %. 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