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 | 7.35 | 6.76 | 5.78 |
AUDCHF | 11.00 | 10.12 | 8.66 |
AUDHKD | 1.28 | 1.18 | 1.01 |
AUDJPY | 6.43 | 5.91 | 5.06 |
AUDNZD | 6.13 | 5.64 | 4.83 |
AUDSGD | 7.43 | 6.84 | 5.85 |
AUDUSD | 10.00 | 9.20 | 7.87 |
CADCHF | 11.00 | 10.12 | 8.66 |
CADHKD | 1.28 | 1.18 | 1.01 |
CADJPY | 6.43 | 5.91 | 5.06 |
CADSGD | 7.43 | 6.84 | 5.85 |
CHFHKD | 1.28 | 1.18 | 1.01 |
CHFJPY | 6.43 | 5.91 | 5.06 |
CHFZAR | 0.55 | 0.51 | 0.43 |
EURAUD | 6.69 | 6.16 | 5.27 |
EURCAD | 7.35 | 6.76 | 5.78 |
EURCHF | 11.00 | 10.12 | 8.66 |
EURCZK | 0.44 | 0.40 | 0.35 |
EURDKK | 1.46 | 1.34 | 1.15 |
EURGBP | 12.70 | 11.68 | 10.00 |
EURHKD | 1.28 | 1.18 | 1.01 |
EURHUF | 2.81 | 2.58 | 2.21 |
EURJPY | 6.43 | 5.91 | 5.06 |
EURNOK | 0.94 | 0.86 | 0.74 |
EURNZD | 6.13 | 5.64 | 4.83 |
EURPLN | 2.55 | 2.35 | 2.01 |
EURSEK | 0.93 | 0.86 | 0.73 |
EURSGD | 7.43 | 6.84 | 5.85 |
EURTRY | 0.31 | 0.29 | 0.24 |
EURUSD | 10.00 | 9.20 | 7.87 |
EURZAR | 0.55 | 0.51 | 0.43 |
GBPAUD | 6.69 | 6.16 | 5.27 |
GBPCAD | 7.35 | 6.76 | 5.78 |
GBPCHF | 11.00 | 10.12 | 8.66 |
GBPHKD | 1.28 | 1.18 | 1.01 |
GBPJPY | 6.43 | 5.91 | 5.06 |
GBPNZD | 6.13 | 5.64 | 4.83 |
GBPPLN | 2.55 | 2.35 | 2.01 |
GBPSGD | 7.43 | 6.84 | 5.85 |
GBPUSD | 10.00 | 9.20 | 7.87 |
GBPZAR | 0.55 | 0.51 | 0.43 |
HKDJPY | 0.06 | 0.06 | 0.05 |
NZDCAD | 7.35 | 6.76 | 5.78 |
NZDCHF | 11.00 | 10.12 | 8.66 |
NZDHKD | 1.28 | 1.18 | 1.01 |
NZDJPY | 6.43 | 5.91 | 5.06 |
NZDSGD | 7.43 | 6.84 | 5.85 |
NZDUSD | 10.00 | 9.20 | 7.87 |
SGDCHF | 11.00 | 10.12 | 8.66 |
SGDHKD | 1.28 | 1.18 | 1.01 |
SGDJPY | 6.43 | 5.91 | 5.06 |
TRYJPY | 6.43 | 5.91 | 5.06 |
USDCAD | 7.35 | 6.76 | 5.78 |
USDCHF | 11.00 | 10.12 | 8.66 |
USDCNH | 1.38 | 1.27 | 1.09 |
USDCZK | 0.44 | 0.40 | 0.35 |
USDDKK | 1.46 | 1.34 | 1.15 |
USDHKD | 1.28 | 1.18 | 1.01 |
USDHUF | 2.81 | 2.58 | 2.21 |
USDINR | 12.01 | 11.05 | 9.45 |
USDJPY | 6.43 | 5.91 | 5.06 |
USDMXN | 0.60 | 0.55 | 0.47 |
USDNOK | 0.94 | 0.86 | 0.74 |
USDPLN | 2.55 | 2.35 | 2.01 |
USDSAR | 2.67 | 2.45 | 2.10 |
USDSEK | 0.93 | 0.86 | 0.73 |
USDSGD | 7.43 | 6.84 | 5.85 |
USDTHB | 27.71 | 25.49 | 21.82 |
USDTRY | 0.31 | 0.29 | 0.24 |
USDZAR | 0.55 | 0.51 | 0.43 |
ZARJPY | 6.43 | 5.91 | 5.06 |
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.