Pip Value Calculator

Instantly calculate the monetary value of a pip for any major currency pair and lot size.

Inputs

Results

Pip Value

$10.00

10-Pip Move

$100.00

100-Pip Move

$1000.00

Based on approximate exchange rates. Actual pip values may vary slightly with live market rates.

Understanding Pip Values

A pip (percentage in point) is the smallest standard price movement in forex. For most currency pairs, one pip equals 0.0001. For JPY pairs, one pip is 0.01.

Knowing your pip value is essential for calculating exact risk in dollar terms. A standard lot (100,000 units) of EUR/USD has a pip value of approximately $10, while a mini lot (0.1) is $1 per pip.

Combine pip value awareness with the Position Size Calculator and GrandAlgo indicators for precise risk management on every trade. Understanding session liquidity across London, Asia, and New York also helps you anticipate pip ranges during different trading hours.