Hungary deposit interest rate

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Hungary deposit interest rate closed down 5.75 as of July 23, 2024 from 6 from the previous day, 8 last week and 12.5 last month.

Hungary deposit interest rate Analytics & Data





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Hungary deposit interest rate Historical Data

DateClose
2024-07-23 5.75
2024-07-23 5.75
2024-06-18 6
2024-05-21 6.25
2024-04-23 6.75
2024-03-26 7.25
2024-02-27 8
2024-01-30 9
2023-12-19 9.75
2023-11-21 10.5
2023-10-24 11.25
2023-09-26 12
2023-08-29 12.5
2023-07-25 12.5
2023-06-20 12.5
2023-05-23 12.5
2023-04-25 12.5
2023-04-25 12.5
2023-03-28 12.5
2023-02-28 12.5
2023-01-24 12.5
2022-12-20 12.5
2022-11-22 12.5
2022-10-25 12.5
2022-09-27 12.5
2022-08-30 11.25
2022-07-26 10.25
2022-07-12 9.25
2022-06-28 7.25
2022-05-31 5.9
2022-04-26 5.4
2022-03-22 4.4

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Hungary deposit interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Hungary deposit interest ratehu.depositrate0000

Hungary deposit interest rate Factors

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Hungary deposit interest rate Historical Data

The MacroVar database offers free access to historical data for the Hungary deposit interest rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hungary deposit interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hungary deposit interest rate

The deposit interest rate in Hungary refers to the annual percentage yield that financial institutions offer to individuals who deposit their money into savings or investment accounts. This rate is set by the central bank and can vary depending on economic conditions, inflation rates, and the overall stability of the financial system. A higher deposit interest rate typically signifies that banks are willing to pay more to attract deposits, while a lower rate may indicate that they are trying to encourage borrowing and spending. Savers and investors in Hungary can use the deposit interest rate as a tool to compare different financial products and choose the best option for growing their wealth over time.

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