With a similar contract, the Pip don't have the same value on every currency pairs. the formula is:
S: Size of the contract
dPIP: pip definition (0.0001, 0.001...)
XXX: the first currency
YYY: the second currency
the value of the Pip for the pair XXX/YYY = S * dPIP * YYY/USD
The following table is updated in realtime.
Pair | Pip value (USD) | Pip value (EUR) | Pip value (GBP) |
---|---|---|---|
AUDCAD | 7.29 | 6.80 | 5.81 |
AUDCHF | 10.90 | 10.17 | 8.70 |
AUDHKD | 1.28 | 1.19 | 1.02 |
AUDJPY | 6.36 | 5.93 | 5.07 |
AUDNZD | 5.93 | 5.53 | 4.73 |
AUDSGD | 7.35 | 6.86 | 5.86 |
AUDUSD | 10.00 | 9.33 | 7.98 |
CADCHF | 10.90 | 10.17 | 8.70 |
CADHKD | 1.28 | 1.19 | 1.02 |
CADJPY | 6.36 | 5.93 | 5.07 |
CADSGD | 7.35 | 6.86 | 5.86 |
CHFHKD | 1.28 | 1.19 | 1.02 |
CHFJPY | 6.36 | 5.93 | 5.07 |
CHFZAR | 0.54 | 0.50 | 0.43 |
EURAUD | 6.52 | 6.09 | 5.20 |
EURCAD | 7.29 | 6.80 | 5.81 |
EURCHF | 10.90 | 10.17 | 8.70 |
EURCZK | 0.43 | 0.40 | 0.34 |
EURDKK | 1.44 | 1.34 | 1.15 |
EURGBP | 12.54 | 11.69 | 10.00 |
EURHKD | 1.28 | 1.19 | 1.02 |
EURHUF | 2.75 | 2.57 | 2.19 |
EURJPY | 6.36 | 5.93 | 5.07 |
EURNOK | 0.91 | 0.85 | 0.72 |
EURNZD | 5.93 | 5.53 | 4.73 |
EURPLN | 2.48 | 2.31 | 1.98 |
EURSEK | 0.92 | 0.85 | 0.73 |
EURSGD | 7.35 | 6.86 | 5.86 |
EURTRY | 0.31 | 0.29 | 0.25 |
EURUSD | 10.00 | 9.33 | 7.98 |
EURZAR | 0.54 | 0.50 | 0.43 |
GBPAUD | 6.52 | 6.09 | 5.20 |
GBPCAD | 7.29 | 6.80 | 5.81 |
GBPCHF | 10.90 | 10.17 | 8.70 |
GBPHKD | 1.28 | 1.19 | 1.02 |
GBPJPY | 6.36 | 5.93 | 5.07 |
GBPNZD | 5.93 | 5.53 | 4.73 |
GBPPLN | 2.48 | 2.31 | 1.98 |
GBPSGD | 7.35 | 6.86 | 5.86 |
GBPUSD | 10.00 | 9.33 | 7.98 |
GBPZAR | 0.54 | 0.50 | 0.43 |
HKDJPY | 0.06 | 0.06 | 0.05 |
NZDCAD | 7.29 | 6.80 | 5.81 |
NZDCHF | 10.90 | 10.17 | 8.70 |
NZDHKD | 1.28 | 1.19 | 1.02 |
NZDJPY | 6.36 | 5.93 | 5.07 |
NZDSGD | 7.35 | 6.86 | 5.86 |
NZDUSD | 10.00 | 9.33 | 7.98 |
SGDCHF | 10.90 | 10.17 | 8.70 |
SGDHKD | 1.28 | 1.19 | 1.02 |
SGDJPY | 6.36 | 5.93 | 5.07 |
TRYJPY | 6.36 | 5.93 | 5.07 |
USDCAD | 7.29 | 6.80 | 5.81 |
USDCHF | 10.90 | 10.17 | 8.70 |
USDCNH | 1.38 | 1.29 | 1.10 |
USDCZK | 0.43 | 0.40 | 0.34 |
USDDKK | 1.44 | 1.34 | 1.15 |
USDHKD | 1.28 | 1.19 | 1.02 |
USDHUF | 2.75 | 2.57 | 2.19 |
USDINR | 12.01 | 11.20 | 9.58 |
USDJPY | 6.36 | 5.93 | 5.07 |
USDMXN | 0.59 | 0.55 | 0.47 |
USDNOK | 0.91 | 0.85 | 0.72 |
USDPLN | 2.48 | 2.31 | 1.98 |
USDSAR | 2.67 | 2.49 | 2.13 |
USDSEK | 0.92 | 0.85 | 0.73 |
USDSGD | 7.35 | 6.86 | 5.86 |
USDTHB | 27.04 | 25.23 | 21.57 |
USDTRY | 0.31 | 0.29 | 0.25 |
USDZAR | 0.54 | 0.50 | 0.43 |
ZARJPY | 6.36 | 5.93 | 5.07 |
When one takes a contract (or a trade or a position) on a currency pair, the pips do not necessarily have the same value.
This essentially depends:
- on the size of the contract (i.e. the number of units of a currency pair)
- the definition of the pip, which is not always the same depending on the pair selected (e.g. the pip for the EUR/USD = 0.0001, the pip for the EUR/JPY = 0.001)
The exact formula is the following:
z pip XXX/YYY =z* S * dPIP expressed in currency YYY
Where
- z = number of pips as a gain or loss
- S = size of the contract = no. of units of pair XXX/YYY
- dPIP: the definition of the pip based on the pair XXX/YYY
For example, if you took out a contract for 100,000 EUR/CHF and you won 60 pips, you have therefore won: 60 * 100,000 * 0.0001 = CHF 600. If you want the result in EUR, it is necessary to multiply this amount by the unitary CHF/EUR rate.
In the following formula, you can enter the size of the contract as well as the number of pips which you made as a gain or loss during your trade.
You can also choose the currency in which you want the result to be given.