3-month Euribor – November 2023
The average 3-month Euribor for November 2023 is 3.972 %, computed from 22 daily fixings (complete). The month opened at 3.953 %, closed at 3.964 %, with a low of 3.935 % and a high of 4.002 %. Versus October 2023 the average is up +0.004 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 3-month Euribor plus 1 pp would pay 4.97 % 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 |
|---|---|---|
| 3.964 % | -0.011 pp | |
| 3.975 % | +0.020 pp | |
| 3.955 % | +0.004 pp | |
| 3.951 % | +0.016 pp | |
| 3.935 % | -0.021 pp | |
| 3.956 % | -0.006 pp | |
| 3.962 % | -0.011 pp | |
| 3.973 % | +0.011 pp | |
| 3.962 % | -0.022 pp | |
| 3.984 % | -0.018 pp | |
| 4.002 % | +0.008 pp | |
| 3.994 % | -0.003 pp | |
| 3.997 % | -0.005 pp | |
| 4.002 % | +0.010 pp | |
| 3.992 % | +0.005 pp | |
| 3.987 % | +0.014 pp | |
| 3.973 % | +0.007 pp | |
| 3.966 % | +0.003 pp | |
| 3.963 % | +0.007 pp | |
| 3.956 % | -0.018 pp | |
| 3.974 % | +0.021 pp | |
| 3.953 % | – |
Source: Bank of Finland. Published with a 24-hour delay.
Frequently asked questions
What is the 3-month Euribor average for November 2023?
3.972 %, computed from 22 daily fixings. The ECB's official monthly average is 3.972 %.
My mortgage revises with the November average – what rate applies?
Reference 3.972 % plus your contractual spread; with a 1 pp spread the new rate is 4.97 %. 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