Hungary MNB central bank base rate (jegybanki alapkamat)
Hungary MNB central bank base rate (jegybanki alapkamat) is 5.5 percent, in force since 26 Aug 2026, cited to MNB. It was 5.75 percent before that. Last checked against the official source on 24 Oct 2026.
Official source: MNB · Last checked 2026-10-24 · source fingerprint
Magyar Nemzeti Bank jegybanki alapkamat — the policy rate of the Hungarian central bank, set by the Monetary Council (Monetáris Tanács) at its rate-setting meetings (normally the fourth Tuesday of each month) and promulgated as an MNB decree (rendelet) in the Magyar Közlöny. Hungary is an EU member but NOT in the euro area: it keeps the forint and an independent national monetary policy, so the MNB base rate — not the ECB deposit facility rate — is the operative policy rate.
Compare policy interest rate across all 34 European countries →
| Current value | 5.5 percent |
|---|---|
| In force from | 2026-08-26 |
| Official source | MNB — Press release on the Monetary Council meeting of 20 October 2026: 'The Monetary Council kept the base rate unchanged at 5.50 percent at today's meeting. The O/N deposit rate and the O/N lending rate also remained unchanged at 4.50 percent and 6.50 percent, respectively.' |
| Last verified | 2026-10-24 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Held at 5.50% on 22 September and 20 October 2026 (read from mnb.hu on 2026-10-24). MNB 25 Aug 2026 decision, effective 26 Aug 2026. 8 Sep non-policy meeting did not change the base rate.
Earlier values
| From | Value | Source |
|---|---|---|
| 2026-07-22 | 5.75 | MNB — Press release on the Monetary Council meeting of 21… |
| 2026-06-24 | 6 | MNB — Press release on the Monetary Council meeting of 23… |
| 2026-02-25 | 6.25 | MNB — Press release on the Monetary Council meeting of 24… |
| 2024-09-25 | 6.5 | MNB — Press release on the Monetary Council meeting of 24… |
| 2024-07-24 | 6.75 | Bank for International Settlements - Central Bank Policy… |
| 2024-06-19 | 7 | Bank for International Settlements - Central Bank Policy… |
| 2024-05-22 | 7.25 | Bank for International Settlements - Central Bank Policy… |
| 2024-04-24 | 7.75 | Bank for International Settlements - Central Bank Policy… |
| 2024-03-27 | 8.25 | Bank for International Settlements - Central Bank Policy… |
| 2024-02-28 | 9 | Bank for International Settlements - Central Bank Policy… |
| 2024-01-31 | 10 | Bank for International Settlements - Central Bank Policy… |
| 2023-12-20 | 10.75 | Bank for International Settlements - Central Bank Policy… |
Get it programmatically
curl https://euroref.dev/v1/hu/policy-rate
# $0.003 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://euroref.dev/v1/hu/policy-rate/history?from=2020-01-01
# Provenance: curl https://euroref.dev/provenance/hu/policy-rateEmail me when this changes
Free. One email when an official figure we track changes — not when we re-check it. You confirm by email first, and every alert has a one-click unsubscribe.
Other Hungary series: ÁFA standard rate (általános forgalmi adó, általános adómérték) · VAT registration threshold · Minimum wage (kötelező legkisebb munkabér / minimálbér), monthly gross · Public holidays (munkaszüneti napok) · CPI inflation (fogyasztóiár-index, year-on-year) · Corporate income tax rate (társasági adó) · Withholding tax rates · Personal income tax rate (személyi jövedelemadó), flat · Statutory social-insurance contributions · Statutory default interest (késedelmi kamat) · MNB official exchange rates
The same figure elsewhere: Iceland · Ireland · Italy · Latvia · Lithuania · all 34