Pip value calculator
Choose the pair and the lot size and see what one pip is worth in US dollars. For pairs that do not end in USD, add the current price so the value can be converted. Free, no sign-up, and nothing leaves your browser.
- Pip size
- 0.0001
- 10 pips
- $100.00
- 50 pips
- $500.00
- Account currency
- USD
How it works
A pip is 0.0001 on most pairs and 0.01 on JPY pairs. On one standard lot (100,000 units) of a pair quoted in USD, like EURUSD, a pip is worth $10.
When USD is the base (USDJPY, USDCAD), the pip value is in the other currency and is divided by the pair's price. For crosses like EURGBP, it is converted with the quote currency's price against the dollar. Gold uses a 0.1 pip on 100 ounces on most brokers; check your broker's contract size.
Questions
How much is a pip worth on one lot of EURUSD?
$10 per pip on one standard lot, $1 on a mini lot (0.1) and $0.10 on a micro lot (0.01).
Why does USDJPY need the price?
A pip on USDJPY is worth 1,000 yen per standard lot. To show it in dollars it is divided by the USD/JPY price, so it changes as the price moves.
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