Pip Value Calculator
See exactly how much each pip is worth for your position, so you can translate price moves into real money before you trade.
Your position
Value per pip
$10.00
If price moves in your favour
+10 pips
$100
+50 pips
$500
+100 pips
$1,000
Pip size
0.0001
Understanding pip value
A pip is the smallest standard price move in a pair. For most forex pairs that is 0.0001; for JPY pairs it is 0.01. Pip value tells you what one of those moves is worth at your size.
- EUR/USD, 1 lot: 1 pip is about $10.
- USD/JPY, 1 lot: 1 pip is about $9.26, because JPY pips are 0.01.
- Crypto: value depends on the current price and your unit size.
Why it matters
Knowing pip value lets you set a stop in money, not just in price. A 50-pip stop on 1 lot of EUR/USD is roughly a $500 loss. Pair this with the Stop Loss Calculator to size the trade correctly.
Disclaimer
Educational tool only, not investment advice. Trading carries risk of loss.
Common questions
- What is a pip?
- The smallest standard price increment in a pair: 0.0001 for most forex pairs, 0.01 for JPY pairs.
- How much is a pip worth?
- For 1 standard lot of EUR/USD a pip is about $10. It scales with your position size and the pair.
- Does pip value change with price?
- For pairs not quoted in USD and for crypto, yes. Enter the current price for an accurate figure.