Pip value
A pip is the smallest usual price step. This calculator converts a one-pip move into money for your lot size, in dollars and in your account currency.
Rates for pegged currencies are fixed. Edit the rate for others.
Pip value
What one pip is worth for your lot size, in your account currency.
Pip value in USD–
Pip value in your currency–
How to use it
- Choose the pair and your lot size.
- For pairs where the dollar is the base (USD/JPY, USD/CHF, USD/CAD), enter the current price.
- Read the pip value in USD and in the currency selected at the top.
Questions, answered plainly.
Why is the pip value different for USD/JPY?
Because the quote currency is yen, the pip is worth 1,000 yen per standard lot, which is converted to dollars using the current USD/JPY price.
What is a pip on gold?
Most brokers count a point as 0.01 on XAU/USD, worth 1 dollar per standard lot. A full 1.00 move is 100 dollars per lot.
Are the Gulf currency rates live?
Pegged currencies use their official peg and are exact. For EGP, MAD, KWD and IQD type today's rate.