Forex pip value calculator
Choose a pair and trade size to see what each pip — and a 10 or 50-pip move — is worth in US dollars.
By the TradeFather education team · Updated 27 Oct 2026 · Educational content, not financial advice
Pip value calculator
Value of 1 pip
$10.0000
10-pip move
$100.00
50-pip move
$500.00
1 pip on EUR/USD = 0.0001 price change.
Results assume a USD account and 100,000-unit standard lots. Brokers can differ on contract size, spreads and commission, so confirm with your platform's own specification before trading.
Key takeaways
- USD-quoted pairs: pip value = units × 0.0001.
- USD-base pairs: divide by the current price.
- Crosses: convert the quote currency into USD.
Formula
How pip value is calculated
| Pair type | Formula | Example (1 lot) |
|---|---|---|
| Quote = USD (EUR/USD) | 100,000 × 0.0001 | $10.00 |
| Base = USD (USD/JPY 150) | 100,000 × 0.01 ÷ 150 | $6.67 |
| Base = USD (USD/INR 83) | 100,000 × 0.0001 ÷ 83 | $0.12 |
| Cross (EUR/GBP, GBP = $1.27) | 100,000 × 0.0001 × 1.27 | $12.70 |
Why it matters
Use pip value to size trades
Pip value converts a chart distance into money. Once you know it, you can turn any stop-loss into a dollar risk and pick a lot size that fits your plan.
FAQ
Frequently asked questions
+Why does USD/JPY pip value change?
Because the pip is measured in yen; converting it to dollars depends on the current exchange rate.
+What is a pipette?
A fifth decimal (third on JPY), equal to one tenth of a pip.
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