The latest Hungarian National Bank (HNB) reference exchange rates. These are updated at around 11:30 CET every working day. The reference rates are published for information purposes only.

The rates are determined as the mid (arithmetic average) of the bid and ask quotes observed.

BUBOR, short for Budapest Interbank Offered Rate, represents the benchmark interest rate at which major Hungarian banks lend funds to one another. It serves as a key indicator for short-term interest rates in Hungary, reflecting the cost of interbank lending. BUBOR rates are crucial for various financial products, including mortgages, loans, and savings accounts, as they directly influence the rates offered to consumers.

These rates are updated each business day by the HNB and published at around 11:00 CET.

BIRS, short for Budapest Interbank Rate Swap, represents the benchmark interest rate similar to BUBOR but for longer tenors. It serves as a key indicator for long-term interest rates in Hungary, reflecting the cost of interbank lending.

These rates are updated each business day by the HNB and published at around 11:00 CET.