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Forex Pip Value Calculator

Instantly calculate the value of a pip for any currency pair, lot size, and account currency.

Rate: Live

What is a Pip?

A pip (percentage in point) is the smallest standard price movement in a currency pair. It represents the fourth decimal place in most pairs, or the second decimal place in JPY pairs.

Most Pairs

1 pip = 0.0001

e.g. EUR/USD: 1.08450 → 1.08460

JPY Pairs

1 pip = 0.01

e.g. USD/JPY: 149.500 → 149.510

How Pip Value is Calculated

The pip value depends on your lot size, the pip size for the pair, and the exchange rate between the quote currency and your account currency.

Formula

Pip Value = Lot Units × Pip Size × Quote-to-Account Rate

For example, 1 standard lot of EUR/USD with a USD account:
100,000 × 0.0001 × 1.00 = $10.00 per pip

Pip Value Results

Pip Value Per Lot

Total Pip Value ( lots)

Lot Type
Position Size
Pip Size
Pair Rate

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