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Calculator · taught at the white belt

Pip Value Calculator

Enter your pair type, position size, and account currency assumptions to find the cash value of a single pip. This is the number that turns every price move into real money, and it is the input every other calculation on this site depends on.

pip value = pip decimal × units ÷ (quote → account rate)

Pip valuePosition sizeRisk / reward
Leave at 1 if your account currency matches the pair's quote currency (e.g. a USD account trading EUR/USD). Otherwise enter the rate that converts one unit of the quote currency into your account currency.
Value of one pip
10.00
per pip, in your account currency
Position size100,000 units
Pip in quote currency10.00
A 10-pip move100.00
A 50-pip move500.00

Reference values

ScenarioResult
1 standard lot, EUR/USD, USD account$10.00 per pip
1 mini lot, EUR/USD, USD account$1.00 per pip
1 micro lot, EUR/USD, USD account$0.10 per pip

Where this is taught

This calculator exists because of a specific lesson. If the inputs above are not obvious, read it first — open the lesson.

The other calculators

Position Size CalculatorSize your trade from your risk, not your hopes.Green beltRisk / Reward CalculatorCheck that a trade is worth taking before you take it.Green belt

A word on precision

These calculators use the standard textbook formulas and assume the conversion rate you supply. Your broker's figures may differ slightly because of their own conversion timing, commission structure and rounding of lot sizes. Use these numbers to size the decision; use your platform's order ticket to confirm the exact fill.