Professional PIP Value Calculator
Calculate accurate PIP values for Forex trading with real-time exchange rates
Accurate Calculations
Get precise PIP values using live exchange rates updated every day
All Major Pairs
Support for EUR/USD, GBP/JPY, and all other major and minor currency pairs
Risk Management
Essential tool for calculating position sizes and managing trading risk
Related Keywords & Topics
PIP Value Calculator
Exchange Rate Data
Last updated: 2/20/2026, 12:02:31 AM
Base currency: USD | Cached for 24 hours
Calculator Settings
Calculation Results
Current Exchange Rate
1 EUR = 1.17714 USD
PIP Value
Unable to calculate
PIP Information
For EUR/USD:
1 PIP = 0.0001 USD
Complete Guide to PIP Values in Forex Trading
What is a PIP?
PIP (Percentage in Point) is the smallest price move in a currency pair. It represents the 4th decimal place for most currency pairs, except for JPY pairs where it is the 2nd decimal place.
PIP Value is the monetary value of a 1 pip movement in your account currency. This helps you understand your potential profit or loss per pip.
How to Calculate PIP Value
Formula:
PIP Value = (PIP Size × Lot Size) × Exchange Rate to Account Currency
Where:
- PIP Size = 0.0001 for most pairs, 0.01 for JPY pairs
- Lot Size = 100,000 (standard), 10,000 (mini), or 1,000 (micro)
- Exchange Rate = Current rate to convert to your account currency
Why PIP Value Matters
Risk Management
Knowing PIP values helps you calculate exactly how much you will gain or lose per pip movement, essential for setting stop losses and take profits.
Position Sizing
Use PIP values to determine the right lot size for your trades based on your risk tolerance and account size.
Common PIP Values
| Currency Pair | PIP Size | Standard Lot PIP Value (USD Account) |
|---|---|---|
| EUR/USD | 0.0001 | $10 |
| GBP/USD | 0.0001 | $10 |
| USD/JPY | 0.01 | ~$9.50 (varies) |
| EUR/JPY | 0.01 | ~$9.50 (varies) |
Trading Tips
Tip 1: Always calculate PIP values before entering a trade to understand your risk exposure.
Tip 2: Use smaller lot sizes when trading exotic pairs with higher PIP values.
Tip 3: Consider using our calculator for quick position sizing calculations during live trading.