Pip Value Calculator

Find out exactly how much a pip is worth for any pair and position size, converted to your account currency using live exchange rates.

Calculate

Pip value

$1.00

per pip on 10,000 units of EUR/USD

Pip value by lot size (USD)
  • Standard (100k)$10.00
  • Mini (10k)$1.00
  • Micro (1k)$0.10

Live FX rates · Thu, 16 Jul 2026 00:02:31 +0000

How pip value works

A pip is the smallest standard move in a currency pair — 0.0001 for most pairs, or 0.01 for JPY pairs. Pip value is calculated as:

pip value = pip size × position size, then converted to your account currency

Example: 10,000 units (one mini lot) of EUR/USD → 0.0001 × 10,000 = $1 per pip in USD. If your account is in another currency, the result is converted at the current exchange rate.