Pip Value Calculator
Know exactly what each pip is worth before you trade. Pip values for every major pair, any lot size, in your account currency.
Use calculator belowTrade Settings
Your pip value converts based on the live exchange rate between the quote currency and your account currency.
Pip Value Results
| Lot Size | Units | Pip Value |
|---|---|---|
| Standard (100k) | 100,000 units | -- |
| Mini (10k) | 10,000 units | -- |
| Micro (1k) | 1,000 units | -- |
| Nano (100) | 100 units | -- |
Why Pip Values Matter
Understanding pip value is the foundation of position sizing and risk management.
Set Accurate Stop Losses
If one pip is worth $10 and you want to risk $200, you set your stop 20 pips away. No pip value = guessing your risk.
Size Positions Correctly
Pip value changes with pair and lot size. A mini lot of EUR/USD is worth $1/pip but USD/JPY is different. Our calculator handles all pairs.
Know Your R:R Instantly
Once you know pip value, you can calculate reward-to-risk in dollars. Combine with our Profit/Loss calculator for a complete trade plan.
Start Trading with Confidence
Open an AvaTrade account and get access to tight spreads and professional trading tools.
Pip Value Questions
Common questions about pip values and forex calculators
What is a pip in forex?
A pip (percentage in point) is the smallest price move in a currency pair. For most pairs (EUR/USD, GBP/USD), a pip is 0.0001. For JPY pairs, a pip is 0.01. Some brokers now offer fractional pip pricing (5 decimal places), but the pip value stays the same.
How is pip value calculated?
Pip value depends on three things: the currency pair, the position size, and your account currency. For a standard lot of EUR/USD with a USD account, one pip is worth $10. The formula is: pip value = (pip in decimal form / exchange rate) x position size. Our calculator does this instantly.
Why does pip value matter?
Pip value tells you exactly how much you'll gain or lose for each pip the market moves. Without knowing pip value, you can't set proper stop losses, calculate position size correctly, or understand your actual risk per trade.
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