Pip Value Calculator
The Pip Value Calculator helps you quickly calculate the actual value of one pip for any currency pair. Whether you trade major pairs or complex cross pairs, simply enter the trading parameters to instantly convert the pip value into your account currency, helping you plan positions and manage risk more effectively.
Results
Results
How is pip value calculated?
When your account currency is different from the quote
currency of the instrument you trade (for example, JPY
in GBP/JPY), the pip value will fluctuate with the cross
exchange rate and must be converted to get the accurate
profit or loss.
Assume your account currency is USD and you trade 100,000 units (1 standard lot) of GBP/JPY. The current USD/JPY exchange rate is 159.653. For most non-JPY currency pairs, 1 standard pip is usually 0.0001; for JPY pairs, 1 standard pip is usually 0.01. GBP/JPY is used as the example below.
Step 1: Calculate the base pip value (settled in the quote currency JPY);
For currency pairs involving JPY, 1 standard pip = 0.01;
Contract size × 0.01 = Base pip value;
100,000 × 0.01 = 1,000 JPY
Step 2: Convert it into the account currency (USD);
Base pip value ÷ USD/JPY exchange rate = Actual pip value;
1,000 JPY ÷ 159.653 ≈ 6.26 USD
Assume your account currency is USD and you trade 100,000 units (1 standard lot) of GBP/JPY. The current USD/JPY exchange rate is 159.653. For most non-JPY currency pairs, 1 standard pip is usually 0.0001; for JPY pairs, 1 standard pip is usually 0.01. GBP/JPY is used as the example below.
Step 1: Calculate the base pip value (settled in the quote currency JPY);
For currency pairs involving JPY, 1 standard pip = 0.01;
Contract size × 0.01 = Base pip value;
100,000 × 0.01 = 1,000 JPY
Step 2: Convert it into the account currency (USD);
Base pip value ÷ USD/JPY exchange rate = Actual pip value;
1,000 JPY ÷ 159.653 ≈ 6.26 USD
Conclusion: By using the Pip Value Calculator, you can
calculate that when trading 100,000 units of GBP/JPY,
each 1 pip movement results in an actual profit or
loss of about USD 6.26 in your account.
