Free tool
Pip calculator
Work out what one pip is worth for any pair, position size and account currency.
Conversions use reference rates from 6 October 2026. Your broker’s live prices will differ slightly.
How the pip calculator works
A pip is 0.0001 on most pairs and 0.01 on yen pairs. Multiply the pip size by your position size in units to get the value in the pair’s quote currency, then convert that into your account currency. See what is a pip for worked examples.
Pip values for the major pairs (USD account)
| Pair | Standard lot | Mini lot | Micro lot |
|---|---|---|---|
| EUR/USD | $10.00 | $1.00 | $0.100 |
| GBP/USD | $10.00 | $1.00 | $0.100 |
| USD/JPY | $6.32 | $0.63 | $0.063 |
| USD/CHF | $12.02 | $1.20 | $0.120 |
| AUD/USD | $10.00 | $1.00 | $0.100 |
| USD/CAD | $7.04 | $0.70 | $0.070 |
| NZD/USD | $10.00 | $1.00 | $0.100 |
Pip value tables for every pair: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD, NZD/USD, EUR/GBP, EUR/JPY, EUR/CHF, EUR/AUD, EUR/CAD, EUR/NZD, GBP/JPY, GBP/CHF, GBP/AUD, GBP/CAD, GBP/NZD, AUD/JPY, AUD/CHF, AUD/CAD, AUD/NZD, CAD/JPY, CAD/CHF, CHF/JPY, NZD/JPY, NZD/CHF, NZD/CAD, USD/ZAR, USD/MXN, USD/SGD, USD/HKD, USD/NOK, USD/SEK, USD/PLN, EUR/NOK, EUR/SEK, USD/DKK, EUR/PLN.
FAQ
How do you calculate pip value?
Pip value = pip size × position size in units, which gives the value in the quote currency. Convert that into your account currency at the current exchange rate. For one standard lot of EUR/USD, 0.0001 × 100,000 = $10.
Why is the pip value different on JPY pairs?
For yen pairs a pip is 0.01 rather than 0.0001, and the result is in yen. One standard lot of USD/JPY is 1,000 yen per pip, which at 150 is about $6.67.
Does leverage change pip value?
No. Pip value depends only on position size and exchange rates. Leverage only changes how much margin the position ties up.
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