Calculate the monetary value of a pip for any currency pair.
Calculate the exact value of each pip movement for your position size with live market data
100000 units (1.00 Standard lot)
View detailed market information for this pair
Choose the currency pair you want to trade from the dropdown menu.
Input your position size in lots (standard, mini, or micro).
Choose your account currency to get the pip value in your base currency.
The calculator will show you the pip value to help plan your trades.
Learn what pips are and how their value affects your trading profits and losses.
A pip (percentage in point) is the smallest price movement in a currency pair. For most pairs, it's the 4th decimal place (0.0001), but for JPY pairs, it's the 2nd decimal place (0.01).
Understanding pip values is crucial for calculating potential profits and losses, determining appropriate position sizes based on your risk tolerance, and managing your trading capital effectively.
Several factors influence pip value including the currency pair, position size, account currency, and current exchange rates.
Real-world pip value examples showing different scenarios and calculations
EUR/USD, 1 standard lot, USD account
1 pip = 0.0001 × 100,000 = $10
Result: Each pip movement = $10 profit/loss
GBP/JPY, 0.1 lot, USD account
1 pip = 0.01 × 10,000 ÷ USD/JPY rate
Result: Pip value depends on current USD/JPY rate
USD/CHF, 0.01 lot, USD account
1 pip = 0.0001 × 1,000 = $0.10
Result: Each pip movement = $0.10 profit/loss
AUD/USD, 0.5 lots, EUR account
1 pip = 0.0001 × 50,000 = $5, then convert to EUR
Result: Final pip value depends on EUR/USD rate
Expert advice for using pip values effectively in your trading strategy
Master pip value calculations for major pairs before moving to exotic currencies.
Always calculate pip values in your account currency for accurate risk management.
Larger positions mean higher pip values - adjust your risk accordingly.
Cross pairs require additional currency conversion calculations for accurate pip values.
High volatility periods can lead to rapid pip movements - adjust position sizes accordingly.
Use demo accounts to practice pip value calculations without risking real money.
Common questions about pip value calculations
For JPY pairs, 1 pip = 0.01. Multiply by your position size and divide by current exchange rate if needed.
Yes, pip values can change based on exchange rates, especially for cross currency pairs.
Pip movement is the price change, while pip value is the monetary value of that movement.
If your account currency differs from the quote currency, pip values need currency conversion.
Pip value is proportional to position size. Larger positions mean higher pip values.
Pip values represent monetary amounts per pip. The profit/loss depends on trade direction.
For major pairs with USD accounts, pip values are usually constant. Cross pairs may vary.
A pipette is 1/10th of a pip, adding an extra decimal place for more precise pricing.
