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Pip Value Calculator

Easily calculate the value of a pip across over 48 popular currency crosses. Enter your position size in lots, select your currency pair and account currency.

Why pip values matter

The value of a pip measures how much you stand to earn or lose from a 1 pip change in a currency pair's exchange rate.It can help you assess how much of your capital is at risk, and is a foundation of more elaborate risk management strategies.

Pip value example

If you were to trade 1 lot of EUR/USD and your account denominated in EUR.

  • One pip, in decimals: 0.0001
  • Position size (in lots): 1
  • Exchange rate: 1.0899

Each pip would be worth €9.18, calculated as:

(0.0001 * 100,000) / 1.0899 = 9.1755

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