Pip Value Calculator

Calculate the monetary value of one pip for any forex currency pair, lot size, and account currency.

Use the Pip Value Calculator

Trade Parameters

Rate to convert quote currency into your account currency. Set to 1 if they match.

Enter your trade parameters and click Calculate

Summary

The Pip Value Calculator instantly tells you how much money one pip of movement is worth for your specific trade setup. Select your currency pair, enter the current exchange rate, choose your lot size, and the tool computes the pip value in your account currency. Understanding pip value is essential for accurate risk management, stop-loss placement, and position sizing in forex trading.

How it works

  1. Select the currency pair you are trading from the dropdown.
  2. Enter the current market price (exchange rate) for that pair.
  3. Choose a lot size type (Standard, Mini, Micro, or Nano) or enter custom units.
  4. Select your account currency so the result is converted correctly.
  5. The calculator instantly shows the pip value per pip in your account currency.

Use cases

  • Know the exact dollar risk per pip before placing a trade.
  • Compare pip values across different lot sizes to plan position sizing.
  • Convert pip values into your account currency for JPY, EUR, or GBP accounts.
  • Verify broker pip value quotes for transparency and accuracy.
  • Teach forex fundamentals by visualising how pair, lot size, and rate interact.

Frequently Asked Questions

Last updated: 2026-10-05 · Reviewed by Nham Vu