Hungary interest rate


Hungary interest rate closed down 6.75 as of July 23, 2024 from 7 from the previous day, 9 last week and 13 last month.

Hungary interest rate Analytics & Data





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Hungary interest rate Historical Data

DateClose
2024-07-23 6.75
2024-07-23 6.75
2024-06-18 7
2024-05-21 7.25
2024-04-23 7.75
2024-03-26 8.25
2024-02-27 9
2024-01-30 10
2023-12-19 10.75
2023-11-30 13
2023-10-31 13
2023-09-26 13
2023-08-29 14
2023-07-25 15
2023-06-20 16
2023-05-23 13
2023-04-25 13
2023-03-28 13
2023-02-28 13
2023-01-24 13
2022-12-20 13
2022-11-22 13
2022-10-25 13
2022-09-30 13
2022-08-30 11.75
2022-07-26 10.75
2022-07-12 9.75
2022-06-28 7.75
2022-05-31 5.9
2022-04-26 5.4
2022-03-22 4.4
2022-02-22 3.4
2022-01-25 2.9
2021-12-14 2.4
2021-11-16 2.1
2021-10-19 1.8
2021-09-21 1.65
2021-08-24 1.5
2021-07-27 1.2
2021-06-22 0.9
2021-05-25 0.6
2021-04-27 0.6
2021-03-23 0.6
2021-02-23 0.6
2021-01-26 0.6
2020-12-15 0.6
2020-11-17 0.6
2020-10-20 0.6
2020-09-22 0.6
2020-08-25 0.6
2020-07-21 0.6
2020-06-23 0.75
2020-05-26 0.9
2020-04-28 0.9
2020-04-07 0.9
2020-03-24 0.9
2020-02-25 0.9
2020-01-28 0.9
2019-12-17 0.9
2019-11-19 0.9

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Hungary interest rate Statistics

SecuritySymbolLastMomentumTrendOscillator1D%1W%1M%1Y%
Hungary interest ratehu.interestrate0000

Hungary interest rate Factors

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Hungary interest rate Historical Data

The MacroVar database offers free access to historical data for the Hungary 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 interest rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hungary interest rate

The interest rate in Hungary refers to the rate at which the central bank lends money to commercial banks. This rate is set by the National Bank of Hungary and has a significant impact on the country's economy. A higher interest rate means that borrowing money becomes more expensive, which can lead to a decrease in consumer spending and investment. On the other hand, a lower interest rate encourages borrowing and spending, which can stimulate economic growth. The National Bank of Hungary adjusts the interest rate based on factors such as inflation, economic growth, and exchange rates in order to maintain price stability and support the overall health of the economy.