Pip Value Calculator
One pip is worth a different amount on every pair and every lot size. Select the pair, set the lot size and your account currency — the calculator returns the exact pip value, converted automatically.
Results
How pip value is calculated
Pip value = pip size × lot size, expressed in the quote currency. A pip is 0.0001 for most pairs and 0.01 for yen pairs. On a standard lot (100,000 units) that gives $10 for EUR/USD, ¥1,000 for USD/JPY, and CHF 10 for USD/CHF. When your account currency differs from the quote currency, the value is converted at the current rate.
Pip value is the link between chart distance and money. A 30-pip stop means nothing until you multiply it by pip value — that product is what position sizing uses to keep risk constant.
Frequently asked questions
How much is a pip worth?
It depends on the pair, lot size, and account currency. As a rule of thumb, $10 per standard lot for XXX/USD pairs with a USD account. For USD/JPY it is ¥1,000 per lot (about $6–7), and for USD/CHF about CHF 10 per lot.
What is a pip in forex?
A pip is the standard unit of price movement: 0.0001 for most pairs, 0.01 for yen pairs. Some brokers quote an extra digit (pipette/point), which is one tenth of a pip.
Does pip value change as price moves?
For pairs where your account currency is the quote currency (e.g. EUR/USD with a USD account), no — it is fixed. For others, it drifts with the exchange rate, which is why the calculator uses live reference rates.