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    Pip Value

    Understanding pips in Forex Trading and their values

    All traded symbols and pip values in one spot

    What is Pip Value?

    PIP or Price Interest Point is the unit of measurement used in forex markets which represent the price movement between two currencies.

    A pip can be a different decimal depending on the currency pair you are trading, however it is usually equal to the fourth figure after the decimal point with major currency pairs. A 0.00010 movement in the price of GBPUSD pair is considered a one pip move.

    Ex. If EURUSD price moves from 1.32485 to 1.32495 that means the price moved 1 pip. 

    This applies to all five decimal currency pairs.

    How to calculate Pip Value

    On currency pairs that have three decimal values a pip will be the second decimal value of the quote, ex AUDJPY 72.985

    On a two decimal value pair a pip will be the first decimal value.

    When a currency pair is quoted in:

    5 decimal places, a pip is thought of in 0.00010 amounts
    3 decimal places, a pip is thought of in 0.010 amounts
    2 decimal places, a pip is thought of in 0.10 amounts

    Each pip value will depend on the position size you are trading, to make it simpler, you can think of the pip value being 10 units of the terms currency for every 100,000 units of currency you are trading.

    For instance if you trade 1.0 lots of EURUSD everytime the price moves 0.00010 will be shown as 10 USD,  as the pip value is always calculated in the quote currency which is always the second currency on the pair ex EURUSD. Similarly, when trading Gold (XAU/USD), the pricing is in USD (U.S. Dollars).

    For indices, the quoted currency is in the host country’s established currency. For example, GER30 is traded in Europe which means that the point value is given in EUR (Euro); US500 is traded in the US, so the point value will be in US Dollars.

    A list of all traded symbols and their pip values are shown in the below table. The pip scales are in direct proportion to the trade size.

    PIP VALUE TABLE

    Fx PairsPip value per 1 standard lotsPip value per 0.1 standard lotsPip value per 0.01 standard lots
    AUDCAD10 CAD1 CAD0.10 CAD
    AUDCHF10 CHF1 CHF0.10 CFH
    AUDJPY1000 JPY100 JPY10 JPY
    AUDNZD10 NZD1 NZD0.10 NZD
    AUDSGD10 SGD1 SGD0.10 SGD
    AUDUSD10 USD1 USD0.10 USD
    CADCHF10 CGH1 CGH0.10 CHF
    CADJPY1000 JPY100 JPY10 JPY
    CHFJPY1000 JPY100 JPY10 JPY
    CHFSGD10 SGD1 SGD0.10 SGD
    EURAUD10 AUD1 AUD0.10 AUD
    EURCAD10 CAD1 CAD0.10 CAD
    EURCHF10 CHF1 CHF0.10 CHF
    EURCZK10 CZK1 CZK0.10 CZK
    EURGBP10 GBP1 GBP0.10 GBP
    EURJPY1000 JPY100 JPY10 JPY
    EURNOK10 NOK1 NOK0.10 NOK
    EURNZD10 NZD1 NZD0.10 NZD
    EURPLN10 PLN1 PLN0.10 PLN
    EURSEK10 SEK1 SEK0.10 SEK
    EURSGD10 SGD1 SGD0.10 SGD
    EURTRY10 TRY1 TRY0.10 TRY
    EURUSD10 USD1 USD0.10 USD
    EURZAR10 ZAR1 ZAR0.10 ZAR
    GBPAUD10 AUD1 AUD0.10 AUD
    GPBCAD10 CAD1 CAD0.10 CAD
    GPBCHF10 CHF1 CHF0.10 CHF
    GPBJPY1000 JPY100 JPY10 JPY
    GBPNOK10 NOK1 NOK0.10 NOK
    GBPNZD10 NZD1 NZD0.10 NZD
    GBPSEK10 SEK1 SEK0.10 SEK
    GBPSGD10 SGD1 SGD0.10 SGD
    GBPTRY10 TRY1 TRY0.10 TRY
    GBPUSD10 USD1 USD0.10 USD
    NOKJPY1000 JPY100 JPY10 JPY
    NOKSEK10 SEK1 SEK0.10 SEK
    NZDCAD10 CAD1 CAD0.10 CAD
    NZDCHF10 CHF1 CHF0.10 CHF
    NZDJPY1000 JPY100 JPY10 JPY
    NZDUSD10 USD1 USD0.10 USD
    SEKJPY1000 JPY100 JPY10 JPY
    SGDJPY10000 JPY100 JPY10 JPY
    USDCAD10 CAD1 CAD0.10 CAD
    USDCHF10 CHF1 CHF0.10 CHF
    USDCNH10 CNH1 CNH0.10 CNH
    USDCZK10 CSK1 CZK0.10 CZK
    USDJPY1000 JPY100 JPY10 JPY
    USDMXN10 MXN1 MXN0.10 MXN
    USDNOK10 NOK1 NOK0.10 NOK
    USDPLN10 PLN1 PLN0.10 PLN
    USDSEK10 SEK1 SEK0.10 SEK
    USDSGD10 SGD1 SGD0.10 SGD
    USDTHB10 THB1 THB0.10 THB
    USDTRY10 TRY1 TRY0.10 TRY
    USDZAR10 ZAR1 ZAR0.10 ZAR
    ZARJPY1000 JPY1 JPY10 JPY
    CommoditiesPip value per 1 standard lotsPip value per 0.1 standard lotsPip value per 0.01 standard lots
    XTIUSD10 USD1 USD0.10 USD
    XBRUSD10 USD1 USD0.10 USD
    XAGUSD50 USD5 USD0.50 USD
    XAUUSD10 USD1 USD0.10 USD
    XAUEUR10 EUR1 EUR0.10 EUR
    XAGEUR50 ERU5 EUR0.50 EUR
    XNGUSD10 USD1 USD0.10 USD
    XPDUSD10 USD1 USD0.10 USD
    XPTUSD10 USD1 USD0.10 USD
    IndicesPip value per 0.01 standard lot
    US5001 USD
    US301 USD
    NAS1001 USD
    AUS2001 AUD
    EUSTX501 EUR
    GER301 EUR
    FRA401 EUR
    IT401 EUR
    SPA351 EUR
    UK1001 GBP
    JPN225100 JPY
    HK501 HKD
    US20001 USD
    CN501 USD

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    Trade smart with the Pip Value Calculator to accurately calculate the pip value for forex pairs, metals, energy, indices, crypto currencies, and much more. This calculator converts live market data, account base currency, lot size and traded pair into figures that are extremely useful for any Forex trader.

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