The fourth decimal of most currency pairs (0.0001), and the second decimal for JPY pairs (0.01).
Pip Value Calculator
HOW IT HELPS
What this tool answers
A pip is the smallest standard price movement, but its cash value depends on the pair, your account currency, your position size, and the current exchange rate. This Pip Value Calculator converts one pip into your account currency for any of the majors, crosses, or gold.
01. Choose pair
Any major, cross or metal in the list.
02. Set price & lots
Current price sets the FX conversion.
03. See pip value
In your account currency instantly.
FXVerse Forex Calculators
Pip Value Calculator
Convert pip movement into account-currency cash value.
Results
Value of 1 pip—
Cash movement
Value of 10 pips—
Value of 100 pips—
Trade details
Unit count—
Pip size—
Educational tool only. Not financial advice — always verify with your broker before trading.
DEEP DIVE
Understanding Pip Value
What is a pip?
A pip is the fourth decimal of most currency pairs (0.0001), and the second decimal for JPY pairs (0.01). It is the standard measurement of price change in Forex.
Pip value is the cash impact of a one-pip move on your position. Combined with your stop distance, it becomes the risk in your account currency.
Why account currency matters
If the pair’s quote currency is different from your deposit currency, the pip value must be converted through the current exchange rate between them.
The calculator handles this conversion automatically using the price you supply, so a Euro trader and a Yen trader on the same pair see different numbers.
PRO TIPS
How to use it well
01
For pairs where the quote currency matches your account currency, pip value is fixed regardless of the current price.
02
For pairs where the base currency matches your account currency, pip value moves inversely with price. Recheck as the pair moves.
03
Micro accounts have real pip value — treat practice money seriously to build real habits.
KEEP EXPLORING
Other trader tools
Free calculators that pair well with this one.
Position Size Calculator
Calculate the exact lot size for every trade based on your account balance, risk tolerance, and stop loss — so you never risk more than you plan to.
Currency Converter
Live conversion between account currency, quote currency and profit currency
Profit & Loss Calculator
Determine the P&L of any trade in your account currency — enter entry, exit and lot size to see the exact result.
FAQ
Pip Value Calculator — questions
-
01
What is a pip exactly?
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02
Why does pip value change over time?
When your account currency differs from the pair’s quote currency, the pip value depends on the live exchange rate — which itself moves constantly.
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03
Is a pip the same as a point?
No. A point is usually one tenth of a pip (a "pipette"). Most modern brokers quote to 5 decimals — the last digit is a point, the fourth is the pip.
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