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Gold4,010.2▼0.35%EUR/USD1.1210▼0.06%Bitcoin81,327▲0.01%Dollar index101.68▲0.06%US 10Y yield4.96%▲0.00%Updated 02:13 UTC · Delayed quotes, not for trading

Pip Value Calculator

See what one pip is worth in dollars for your position size, so you know what each move of the price means for your account.

Value of 1 pip—USD
Value of 10 pips—USD
Units—

Pip = 0.0001 (0.01 for JPY pairs). For gold and silver the value shown is for a 1 USD price move, because brokers define their pips differently.

How it works

A pip is 0.0001 for most currency pairs and 0.01 for yen pairs. When the US dollar is the second currency in the pair (EUR/USD, GBP/USD), one pip on one standard lot of 100,000 units is always worth 10 USD. When the dollar comes first (USD/JPY, USD/CAD), the value is 100,000 × pip ÷ current price, so it changes with the rate.

Brokers define pips on gold and silver differently, so for metals the calculator shows the value of a 1 USD move: 100 USD per lot of gold and 5,000 USD per lot of silver.