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URLhttps://www.myfxbook.com/forex-calculators/pip-calculator
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Meta TitlePip Calculator | Myfxbook
Meta DescriptionPips are the basic unit of price movement in the forex market. Precisely measure price movements with our dedicated forex trade calculator. The Pip Calculator simplifies the process of calculating the value of a single pip in your chosen currency pair, helping you understand the potential gains or losses in your trades. This FX calculator helps calculate the pip value for various account types (standard, mini, micro) depending on the selected trade size.
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Results Currency Standard Lot Mini Lot Micro Lot Price Pip value AUDCAD - - - 0.98494 0.00 AUDCHF - - - 0.56044 0.00 AUDJPY - - - 113.904 0.00 AUDNZD - - - 1.212 0.00 AUDSGD - - - 0.91134 0.00 AUDUSD - - - 0.71723 0.00 CADCHF - - - 0.56895 0.00 CADJPY - - - 115.641 0.00 CHFJPY - - - 203.230 0.00 CHFSGD - - - 1.626 0.00 EURAUD - - - 1.646 0.00 EURCAD - - - 1.621 0.00 EURCHF - - - 0.92238 0.00 EURCZK - - - 24.331 0.00 EURGBP - - - 0.86989 0.00 EURHUF - - - 363.327 0.00 EURJPY - - - 187.461 0.00 EURMXN - - - 20.357 0.00 EURNOK - - - 11.080 0.00 EURNZD - - - 1.995 0.00 EURPLN - - - 4.234 0.00 EURSEK - - - 10.809 0.00 EURSGD - - - 1.500 0.00 EURTRY - - - 52.867 0.00 EURUSD - - - 1.180 0.00 EURZAR - - - 19.316 0.00 GBPAUD - - - 1.892 0.00 GBPCAD - - - 1.863 0.00 GBPCHF - - - 1.060 0.00 GBPJPY - - - 215.496 0.00 GBPMXN - - - 23.404 0.00 GBPNOK - - - 12.725 0.00 GBPNZD - - - 2.293 0.00 GBPSEK - - - 12.425 0.00 GBPSGD - - - 1.724 0.00 GBPTRY - - - 60.761 0.00 GBPUSD - - - 1.357 0.00 NOKJPY - - - 16.884 0.00 NOKSEK - - - 0.97413 0.00 NZDCAD - - - 0.81245 0.00 NZDCHF - - - 0.46227 0.00 NZDJPY - - - 93.954 0.00 NZDUSD - - - 0.59162 0.00 SEKJPY - - - 17.297 0.00 SGDJPY - - - 124.978 0.00 USDCAD - - - 1.373 0.00 USDCHF - - - 0.78143 0.00 USDCNH - - - 6.817 0.00 USDCZK - - - 20.613 0.00 USDHUF - - - 307.817 0.00 USDJPY - - - 158.813 0.00 USDMXN - - - 17.249 0.00 USDNOK - - - 9.380 0.00 USDPLN - - - 3.586 0.00 USDRUB - - - 75.549 0.00 USDSEK - - - 9.157 0.00 USDSGD - - - 1.271 0.00 USDTHB - - - 32.034 0.00 USDTRY - - - 44.725 0.00 USDZAR - - - 16.366 0.00 XAGAUD - - - 110.652 0.00 XAGEUR - - - 67.233 0.00 XAGUSD - - - 79.357 0.00 XAUAUD - - - 6,706.930 0.00 XAUCHF - - - 1,770.700 0.00 XAUEUR - - - 4,075.080 0.00 XAUGBP - - - 3,545.050 0.00 XAUJPY - - - 763,904 0.00 XAUUSD - - - 4,810.670 0.00 XPDUSD - - - 1,571.090 0.00 XPTUSD - - - 2,119.310 0.00 ZARJPY - - - 9.690 0.00 A pip is the smallest price change in a currency pair in Forex. Over the years, Forex brokers introduced fractional pips or ‘Pipettes’ to offer traders better bid and ask prices while trading, which are actually a smaller part of a pip. To identify a pip in a currency pair, it would depend on the pair. Some pairs have their pip at the 4th decimal while some in the 2nd. The fractional pip, or Pipette, always follows the pip location, so it would be in the 5th and 3rd decimals respectively. For example, with a EURUSD price of 1.23456, the digit ‘5’ represents the pip location while the digit ‘6’ represents a partial pip. So, movement of the price by 1 pip would mean 1.23456+0.0001=1.23466. If the price would move down to 1.23443, this would represent 1.23456-1.23443=0.00013, a 1.3 pips change. The same calculation works with currency pairs where pips are represented by the 2nd decimal. The pip value in Monetary value is crucial for Forex Traders as this helps to analyze and understand an account’s growth (or loss) in an easy format as well as calculate stop loss and take profit targets. For example, if you set a stop loss of 10 pips for your trade, this could mean $100 or $1000 loss, depending on the lot size you are trading. Keep in mind that the value of pip will always differ for the different currency pairs, depending on the quote currency. For example, when trading EURUSD the pip value will be displayed in USD while trading EURGBP it will be in GBP. Account currency: your account deposit currency, can be AUD, CAD, CHF, EUR, GBP, JPY, NZD or USD. Trade size: the trade size you are trading in lots or units, where 1 lot=100,000 units. Once you select your account currency and the trade size, the calculator will calculate the pip value with Standard, Mini and Micro lots with the current market rates. Depending on your account base currency, you would need to convert the pip value accordingly. Pip Value = (1 pip / Quote Currency Exchange Rate to Account Currency) * Lot size in units For example, the pip value of EURUSD is $10 per pip with a standard lot size and a USD account: Pip Value = (0.0001 / 1)*100000 = $10. However, if your account is denominated in EUR, you would need to divide the $10 by the EURUSD exchange rate which would result in a pip value of 8.92 EUR: (for example, EURUSD=1.1200) Pip Value = (0.0001 / [1.1200])*100000 = EUR 8.92.
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[![Stocktwits](https://static.mfbcdn.net/images/ST_48x48.png)](https://www.myfxbook.com/forex-calculators/pip-calculator) Advertisement # Pip Calculator Results | | | | | | | |---|---|---|---|---|---| | Currency | Standard Lot | Mini Lot | Micro Lot | Price | Pip value | | [AUDCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDCAD) | \- | \- | \- | 0\.98494 | 0\.00 | | [AUDCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDCHF) | \- | \- | \- | 0\.56044 | 0\.00 | | [AUDJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDJPY) | \- | \- | \- | 113\.904 | 0\.00 | | [AUDNZD](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDNZD) | \- | \- | \- | 1\.212 | 0\.00 | | [AUDSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDSGD) | \- | \- | \- | 0\.91134 | 0\.00 | | [AUDUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDUSD) | \- | \- | \- | 0\.71723 | 0\.00 | | [CADCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/CADCHF) | \- | \- | \- | 0\.56895 | 0\.00 | | [CADJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/CADJPY) | \- | \- | \- | 115\.641 | 0\.00 | | [CHFJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/CHFJPY) | \- | \- | \- | 203\.230 | 0\.00 | | [CHFSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/CHFSGD) | \- | \- | \- | 1\.626 | 0\.00 | | [EURAUD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURAUD) | \- | \- | \- | 1\.646 | 0\.00 | | [EURCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURCAD) | \- | \- | \- | 1\.621 | 0\.00 | | [EURCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/EURCHF) | \- | \- | \- | 0\.92238 | 0\.00 | | [EURCZK](https://www.myfxbook.com/forex-calculators/pip-calculator/EURCZK) | \- | \- | \- | 24\.331 | 0\.00 | | [EURGBP](https://www.myfxbook.com/forex-calculators/pip-calculator/EURGBP) | \- | \- | \- | 0\.86989 | 0\.00 | | [EURHUF](https://www.myfxbook.com/forex-calculators/pip-calculator/EURHUF) | \- | \- | \- | 363\.327 | 0\.00 | | [EURJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/EURJPY) | \- | \- | \- | 187\.461 | 0\.00 | | [EURMXN](https://www.myfxbook.com/forex-calculators/pip-calculator/EURMXN) | \- | \- | \- | 20\.357 | 0\.00 | | [EURNOK](https://www.myfxbook.com/forex-calculators/pip-calculator/EURNOK) | \- | \- | \- | 11\.080 | 0\.00 | | [EURNZD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURNZD) | \- | \- | \- | 1\.995 | 0\.00 | | [EURPLN](https://www.myfxbook.com/forex-calculators/pip-calculator/EURPLN) | \- | \- | \- | 4\.234 | 0\.00 | | [EURSEK](https://www.myfxbook.com/forex-calculators/pip-calculator/EURSEK) | \- | \- | \- | 10\.809 | 0\.00 | | [EURSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURSGD) | \- | \- | \- | 1\.500 | 0\.00 | | [EURTRY](https://www.myfxbook.com/forex-calculators/pip-calculator/EURTRY) | \- | \- | \- | 52\.867 | 0\.00 | | [EURUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURUSD) | \- | \- | \- | 1\.180 | 0\.00 | | [EURZAR](https://www.myfxbook.com/forex-calculators/pip-calculator/EURZAR) | \- | \- | \- | 19\.316 | 0\.00 | | [GBPAUD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPAUD) | \- | \- | \- | 1\.892 | 0\.00 | | [GBPCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPCAD) | \- | \- | \- | 1\.863 | 0\.00 | | [GBPCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPCHF) | \- | \- | \- | 1\.060 | 0\.00 | | [GBPJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPJPY) | \- | \- | \- | 215\.496 | 0\.00 | | [GBPMXN](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPMXN) | \- | \- | \- | 23\.404 | 0\.00 | | [GBPNOK](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPNOK) | \- | \- | \- | 12\.725 | 0\.00 | | [GBPNZD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPNZD) | \- | \- | \- | 2\.293 | 0\.00 | | [GBPSEK](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPSEK) | \- | \- | \- | 12\.425 | 0\.00 | | [GBPSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPSGD) | \- | \- | \- | 1\.724 | 0\.00 | | [GBPTRY](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPTRY) | \- | \- | \- | 60\.761 | 0\.00 | | [GBPUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPUSD) | \- | \- | \- | 1\.357 | 0\.00 | | [NOKJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/NOKJPY) | \- | \- | \- | 16\.884 | 0\.00 | | [NOKSEK](https://www.myfxbook.com/forex-calculators/pip-calculator/NOKSEK) | \- | \- | \- | 0\.97413 | 0\.00 | | [NZDCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/NZDCAD) | \- | \- | \- | 0\.81245 | 0\.00 | | [NZDCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/NZDCHF) | \- | \- | \- | 0\.46227 | 0\.00 | | [NZDJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/NZDJPY) | \- | \- | \- | 93\.954 | 0\.00 | | [NZDUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/NZDUSD) | \- | \- | \- | 0\.59162 | 0\.00 | | [SEKJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/SEKJPY) | \- | \- | \- | 17\.297 | 0\.00 | | [SGDJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/SGDJPY) | \- | \- | \- | 124\.978 | 0\.00 | | [USDCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/USDCAD) | \- | \- | \- | 1\.373 | 0\.00 | | [USDCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/USDCHF) | \- | \- | \- | 0\.78143 | 0\.00 | | [USDCNH](https://www.myfxbook.com/forex-calculators/pip-calculator/USDCNH) | \- | \- | \- | 6\.817 | 0\.00 | | [USDCZK](https://www.myfxbook.com/forex-calculators/pip-calculator/USDCZK) | \- | \- | \- | 20\.613 | 0\.00 | | [USDHUF](https://www.myfxbook.com/forex-calculators/pip-calculator/USDHUF) | \- | \- | \- | 307\.817 | 0\.00 | | [USDJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/USDJPY) | \- | \- | \- | 158\.813 | 0\.00 | | [USDMXN](https://www.myfxbook.com/forex-calculators/pip-calculator/USDMXN) | \- | \- | \- | 17\.249 | 0\.00 | | [USDNOK](https://www.myfxbook.com/forex-calculators/pip-calculator/USDNOK) | \- | \- | \- | 9\.380 | 0\.00 | | [USDPLN](https://www.myfxbook.com/forex-calculators/pip-calculator/USDPLN) | \- | \- | \- | 3\.586 | 0\.00 | | [USDRUB](https://www.myfxbook.com/forex-calculators/pip-calculator/USDRUB) | \- | \- | \- | 75\.549 | 0\.00 | | [USDSEK](https://www.myfxbook.com/forex-calculators/pip-calculator/USDSEK) | \- | \- | \- | 9\.157 | 0\.00 | | [USDSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/USDSGD) | \- | \- | \- | 1\.271 | 0\.00 | | [USDTHB](https://www.myfxbook.com/forex-calculators/pip-calculator/USDTHB) | \- | \- | \- | 32\.034 | 0\.00 | | [USDTRY](https://www.myfxbook.com/forex-calculators/pip-calculator/USDTRY) | \- | \- | \- | 44\.725 | 0\.00 | | [USDZAR](https://www.myfxbook.com/forex-calculators/pip-calculator/USDZAR) | \- | \- | \- | 16\.366 | 0\.00 | | [XAGAUD](https://www.myfxbook.com/forex-calculators/pip-calculator/XAGAUD) | \- | \- | \- | 110\.652 | 0\.00 | | [XAGEUR](https://www.myfxbook.com/forex-calculators/pip-calculator/XAGEUR) | \- | \- | \- | 67\.233 | 0\.00 | | [XAGUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/XAGUSD) | \- | \- | \- | 79\.357 | 0\.00 | | [XAUAUD](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUAUD) | \- | \- | \- | 6,706.930 | 0\.00 | | [XAUCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUCHF) | \- | \- | \- | 1,770.700 | 0\.00 | | [XAUEUR](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUEUR) | \- | \- | \- | 4,075.080 | 0\.00 | | [XAUGBP](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUGBP) | \- | \- | \- | 3,545.050 | 0\.00 | | [XAUJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUJPY) | \- | \- | \- | 763,904 | 0\.00 | | [XAUUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUUSD) | \- | \- | \- | 4,810.670 | 0\.00 | | [XPDUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/XPDUSD) | \- | \- | \- | 1,571.090 | 0\.00 | | [XPTUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/XPTUSD) | \- | \- | \- | 2,119.310 | 0\.00 | | [ZARJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/ZARJPY) | \- | \- | \- | 9\.690 | 0\.00 | ## What are pips? A pip is the smallest price change in a currency pair in Forex. Over the years, Forex brokers introduced fractional pips or ‘Pipettes’ to offer traders better bid and ask prices while trading, which are actually a smaller part of a pip. ![What are pips in Forex](https://static.mfbcdn.net/images/what.are.pips.png) To identify a pip in a currency pair, it would depend on the pair. Some pairs have their pip at the 4th decimal while some in the 2nd. The fractional pip, or Pipette, always follows the pip location, so it would be in the 5th and 3rd decimals respectively. ## What is pip value? For example, with a EURUSD price of 1.23456, the digit ‘5’ represents the pip location while the digit ‘6’ represents a partial pip. So, movement of the price by 1 pip would mean 1.23456+0.0001=1.23466. If the price would move down to 1.23443, this would represent 1.23456-1.23443=0.00013, a 1.3 pips change. The same calculation works with currency pairs where pips are represented by the 2nd decimal. The pip value in Monetary value is crucial for Forex Traders as this helps to analyze and understand an account’s growth (or loss) in an easy format as well as calculate stop loss and take profit targets. For example, if you set a stop loss of 10 pips for your trade, this could mean \$100 or \$1000 loss, depending on the lot size you are trading. Keep in mind that the value of pip will always differ for the different currency pairs, depending on the quote currency. For example, when trading EURUSD the pip value will be displayed in USD while trading EURGBP it will be in GBP. ## How to use the pip calculator? Account currency: your account deposit currency, can be AUD, CAD, CHF, EUR, GBP, JPY, NZD or USD. Trade size: the trade size you are trading in lots or units, where 1 lot=100,000 units. Once you select your account currency and the trade size, the calculator will calculate the pip value with Standard, Mini and Micro lots with the current market rates. ## How to calculate the value of a pip? Depending on your account base currency, you would need to convert the pip value accordingly. Pip Value = (1 pip / Quote Currency Exchange Rate to Account Currency) \* Lot size in units For example, the pip value of EURUSD is \$10 per pip with a standard lot size and a USD account: Pip Value = (0.0001 / 1)\*100000 = \$10. However, if your account is denominated in EUR, you would need to divide the \$10 by the EURUSD exchange rate which would result in a pip value of 8.92 EUR: (for example, EURUSD=1.1200) Pip Value = (0.0001 / \[1.1200\])\*100000 = EUR 8.92. ## [Top Forex Brokers](https://www.myfxbook.com/forex-brokers) ![ELEV8](https://static.mfbcdn.net/images/brokers/194-100.jpg) Min. 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All Rights Reserved. HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. 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Readable Markdown
Results | | | | | | | |---|---|---|---|---|---| | Currency | Standard Lot | Mini Lot | Micro Lot | Price | Pip value | | [AUDCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDCAD) | \- | \- | \- | 0\.98494 | 0\.00 | | [AUDCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDCHF) | \- | \- | \- | 0\.56044 | 0\.00 | | [AUDJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDJPY) | \- | \- | \- | 113\.904 | 0\.00 | | [AUDNZD](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDNZD) | \- | \- | \- | 1\.212 | 0\.00 | | [AUDSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDSGD) | \- | \- | \- | 0\.91134 | 0\.00 | | [AUDUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/AUDUSD) | \- | \- | \- | 0\.71723 | 0\.00 | | [CADCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/CADCHF) | \- | \- | \- | 0\.56895 | 0\.00 | | [CADJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/CADJPY) | \- | \- | \- | 115\.641 | 0\.00 | | [CHFJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/CHFJPY) | \- | \- | \- | 203\.230 | 0\.00 | | [CHFSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/CHFSGD) | \- | \- | \- | 1\.626 | 0\.00 | | [EURAUD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURAUD) | \- | \- | \- | 1\.646 | 0\.00 | | [EURCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURCAD) | \- | \- | \- | 1\.621 | 0\.00 | | [EURCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/EURCHF) | \- | \- | \- | 0\.92238 | 0\.00 | | [EURCZK](https://www.myfxbook.com/forex-calculators/pip-calculator/EURCZK) | \- | \- | \- | 24\.331 | 0\.00 | | [EURGBP](https://www.myfxbook.com/forex-calculators/pip-calculator/EURGBP) | \- | \- | \- | 0\.86989 | 0\.00 | | [EURHUF](https://www.myfxbook.com/forex-calculators/pip-calculator/EURHUF) | \- | \- | \- | 363\.327 | 0\.00 | | [EURJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/EURJPY) | \- | \- | \- | 187\.461 | 0\.00 | | [EURMXN](https://www.myfxbook.com/forex-calculators/pip-calculator/EURMXN) | \- | \- | \- | 20\.357 | 0\.00 | | [EURNOK](https://www.myfxbook.com/forex-calculators/pip-calculator/EURNOK) | \- | \- | \- | 11\.080 | 0\.00 | | [EURNZD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURNZD) | \- | \- | \- | 1\.995 | 0\.00 | | [EURPLN](https://www.myfxbook.com/forex-calculators/pip-calculator/EURPLN) | \- | \- | \- | 4\.234 | 0\.00 | | [EURSEK](https://www.myfxbook.com/forex-calculators/pip-calculator/EURSEK) | \- | \- | \- | 10\.809 | 0\.00 | | [EURSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURSGD) | \- | \- | \- | 1\.500 | 0\.00 | | [EURTRY](https://www.myfxbook.com/forex-calculators/pip-calculator/EURTRY) | \- | \- | \- | 52\.867 | 0\.00 | | [EURUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/EURUSD) | \- | \- | \- | 1\.180 | 0\.00 | | [EURZAR](https://www.myfxbook.com/forex-calculators/pip-calculator/EURZAR) | \- | \- | \- | 19\.316 | 0\.00 | | [GBPAUD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPAUD) | \- | \- | \- | 1\.892 | 0\.00 | | [GBPCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPCAD) | \- | \- | \- | 1\.863 | 0\.00 | | [GBPCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPCHF) | \- | \- | \- | 1\.060 | 0\.00 | | [GBPJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPJPY) | \- | \- | \- | 215\.496 | 0\.00 | | [GBPMXN](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPMXN) | \- | \- | \- | 23\.404 | 0\.00 | | [GBPNOK](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPNOK) | \- | \- | \- | 12\.725 | 0\.00 | | [GBPNZD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPNZD) | \- | \- | \- | 2\.293 | 0\.00 | | [GBPSEK](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPSEK) | \- | \- | \- | 12\.425 | 0\.00 | | [GBPSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPSGD) | \- | \- | \- | 1\.724 | 0\.00 | | [GBPTRY](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPTRY) | \- | \- | \- | 60\.761 | 0\.00 | | [GBPUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/GBPUSD) | \- | \- | \- | 1\.357 | 0\.00 | | [NOKJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/NOKJPY) | \- | \- | \- | 16\.884 | 0\.00 | | [NOKSEK](https://www.myfxbook.com/forex-calculators/pip-calculator/NOKSEK) | \- | \- | \- | 0\.97413 | 0\.00 | | [NZDCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/NZDCAD) | \- | \- | \- | 0\.81245 | 0\.00 | | [NZDCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/NZDCHF) | \- | \- | \- | 0\.46227 | 0\.00 | | [NZDJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/NZDJPY) | \- | \- | \- | 93\.954 | 0\.00 | | [NZDUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/NZDUSD) | \- | \- | \- | 0\.59162 | 0\.00 | | [SEKJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/SEKJPY) | \- | \- | \- | 17\.297 | 0\.00 | | [SGDJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/SGDJPY) | \- | \- | \- | 124\.978 | 0\.00 | | [USDCAD](https://www.myfxbook.com/forex-calculators/pip-calculator/USDCAD) | \- | \- | \- | 1\.373 | 0\.00 | | [USDCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/USDCHF) | \- | \- | \- | 0\.78143 | 0\.00 | | [USDCNH](https://www.myfxbook.com/forex-calculators/pip-calculator/USDCNH) | \- | \- | \- | 6\.817 | 0\.00 | | [USDCZK](https://www.myfxbook.com/forex-calculators/pip-calculator/USDCZK) | \- | \- | \- | 20\.613 | 0\.00 | | [USDHUF](https://www.myfxbook.com/forex-calculators/pip-calculator/USDHUF) | \- | \- | \- | 307\.817 | 0\.00 | | [USDJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/USDJPY) | \- | \- | \- | 158\.813 | 0\.00 | | [USDMXN](https://www.myfxbook.com/forex-calculators/pip-calculator/USDMXN) | \- | \- | \- | 17\.249 | 0\.00 | | [USDNOK](https://www.myfxbook.com/forex-calculators/pip-calculator/USDNOK) | \- | \- | \- | 9\.380 | 0\.00 | | [USDPLN](https://www.myfxbook.com/forex-calculators/pip-calculator/USDPLN) | \- | \- | \- | 3\.586 | 0\.00 | | [USDRUB](https://www.myfxbook.com/forex-calculators/pip-calculator/USDRUB) | \- | \- | \- | 75\.549 | 0\.00 | | [USDSEK](https://www.myfxbook.com/forex-calculators/pip-calculator/USDSEK) | \- | \- | \- | 9\.157 | 0\.00 | | [USDSGD](https://www.myfxbook.com/forex-calculators/pip-calculator/USDSGD) | \- | \- | \- | 1\.271 | 0\.00 | | [USDTHB](https://www.myfxbook.com/forex-calculators/pip-calculator/USDTHB) | \- | \- | \- | 32\.034 | 0\.00 | | [USDTRY](https://www.myfxbook.com/forex-calculators/pip-calculator/USDTRY) | \- | \- | \- | 44\.725 | 0\.00 | | [USDZAR](https://www.myfxbook.com/forex-calculators/pip-calculator/USDZAR) | \- | \- | \- | 16\.366 | 0\.00 | | [XAGAUD](https://www.myfxbook.com/forex-calculators/pip-calculator/XAGAUD) | \- | \- | \- | 110\.652 | 0\.00 | | [XAGEUR](https://www.myfxbook.com/forex-calculators/pip-calculator/XAGEUR) | \- | \- | \- | 67\.233 | 0\.00 | | [XAGUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/XAGUSD) | \- | \- | \- | 79\.357 | 0\.00 | | [XAUAUD](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUAUD) | \- | \- | \- | 6,706.930 | 0\.00 | | [XAUCHF](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUCHF) | \- | \- | \- | 1,770.700 | 0\.00 | | [XAUEUR](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUEUR) | \- | \- | \- | 4,075.080 | 0\.00 | | [XAUGBP](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUGBP) | \- | \- | \- | 3,545.050 | 0\.00 | | [XAUJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUJPY) | \- | \- | \- | 763,904 | 0\.00 | | [XAUUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/XAUUSD) | \- | \- | \- | 4,810.670 | 0\.00 | | [XPDUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/XPDUSD) | \- | \- | \- | 1,571.090 | 0\.00 | | [XPTUSD](https://www.myfxbook.com/forex-calculators/pip-calculator/XPTUSD) | \- | \- | \- | 2,119.310 | 0\.00 | | [ZARJPY](https://www.myfxbook.com/forex-calculators/pip-calculator/ZARJPY) | \- | \- | \- | 9\.690 | 0\.00 | A pip is the smallest price change in a currency pair in Forex. Over the years, Forex brokers introduced fractional pips or ‘Pipettes’ to offer traders better bid and ask prices while trading, which are actually a smaller part of a pip. ![What are pips in Forex](https://static.mfbcdn.net/images/what.are.pips.png) To identify a pip in a currency pair, it would depend on the pair. Some pairs have their pip at the 4th decimal while some in the 2nd. The fractional pip, or Pipette, always follows the pip location, so it would be in the 5th and 3rd decimals respectively. For example, with a EURUSD price of 1.23456, the digit ‘5’ represents the pip location while the digit ‘6’ represents a partial pip. So, movement of the price by 1 pip would mean 1.23456+0.0001=1.23466. If the price would move down to 1.23443, this would represent 1.23456-1.23443=0.00013, a 1.3 pips change. The same calculation works with currency pairs where pips are represented by the 2nd decimal. The pip value in Monetary value is crucial for Forex Traders as this helps to analyze and understand an account’s growth (or loss) in an easy format as well as calculate stop loss and take profit targets. For example, if you set a stop loss of 10 pips for your trade, this could mean \$100 or \$1000 loss, depending on the lot size you are trading. Keep in mind that the value of pip will always differ for the different currency pairs, depending on the quote currency. For example, when trading EURUSD the pip value will be displayed in USD while trading EURGBP it will be in GBP. Account currency: your account deposit currency, can be AUD, CAD, CHF, EUR, GBP, JPY, NZD or USD. Trade size: the trade size you are trading in lots or units, where 1 lot=100,000 units. Once you select your account currency and the trade size, the calculator will calculate the pip value with Standard, Mini and Micro lots with the current market rates. Depending on your account base currency, you would need to convert the pip value accordingly. Pip Value = (1 pip / Quote Currency Exchange Rate to Account Currency) \* Lot size in units For example, the pip value of EURUSD is \$10 per pip with a standard lot size and a USD account: Pip Value = (0.0001 / 1)\*100000 = \$10. However, if your account is denominated in EUR, you would need to divide the \$10 by the EURUSD exchange rate which would result in a pip value of 8.92 EUR: (for example, EURUSD=1.1200) Pip Value = (0.0001 / \[1.1200\])\*100000 = EUR 8.92.
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