Pip Value Calculator
Calculate the exact cash value of a pip for any forex pair and position size, instantly converted to your account currency using live ECB exchange rates.
28
Currency pairs
8
Account currencies
Live
ECB mid-market rates
Auto-filled via Frankfurter (ECB mid-market). You can override with your broker's ask price.
Results
For indices, 1 pip = 1 price point × number of contracts. Rates sourced from Frankfurter (forex/metals) and Yahoo Finance (indices).
Pip Value (USD)
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For EUR/USD, 1 pip = 0.0001 (4th decimal place). Enter values and click Calculate.
About the Pip Value Calculator
A pip (price interest point) is the standardised unit of movement in a forex quote. Understanding pip value is essential because it translates price movements into real profit or loss figures for your account.
For most pairs, 1 pip = 0.0001 (the 4th decimal place). Japanese yen pairs are the exception — their quotes only go to 2 decimal places, so 1 pip = 0.01.
The cash value of a pip is not fixed — it depends on the instrument, your position size, and the current exchange rate relative to your account currency. This calculator handles all three variables for you.
The actual cash value of 1 pip depends on three things:
- The instrument being traded
- The size of your position
- The current exchange rate
Quick Reference — Standard Lot (100,000 units)
