Pip value calculator

A pip is worth $10 a lot on EURUSD and almost nothing else. This converts properly — through the quote currency, then into your account currency — using the same live rates the signals run on.

Rates from our own feed, 22 Oct 2026 02:10 UTC.

How a pip gets converted

A pip always starts life in the quote currency — the second half of the pair. One pip of a standard lot is:

pip size × contract size = value, in the quote currency EURUSD: 0.0001 × 100,000 = 10 USD USDJPY: 0.01 × 100,000 = 1,000 JPY XAUUSD: 0.01 × 100 = 1 USD

When the quote currency is USD that is the answer. When it is not, it has to be converted — 1,000 yen is not 1,000 dollars — and converted again if your account is not in dollars either. That second step is the one most calculators skip.

The three cases

Gold is a special case

There is no agreed pip for XAUUSD. Some brokers call 0.10 a pip, others 0.01. We use 0.01 — a one-cent move, worth $1 per 100-ounce lot. If your broker uses the other convention, every gold figure here is out by a factor of ten. Check before you size a trade on it.

Every pair, live

PairPrice1 pipValue per lot (USD)
EURUSD1.122840.0001$10.00
GBPUSD1.338280.0001$10.00
USDJPY158.070.01$6.33
AUDUSD0.701260.0001$10.00
USDCAD1.404760.0001$7.12
USDCHF0.824530.0001$12.13
NZDUSD0.569030.0001$10.00
EURJPY177.490.01$6.33
GBPJPY211.550.01$6.33
AUDJPY110.850.01$6.33
GBPCHF1.103510.0001$12.13
GBPAUD1.908240.0001$7.01
EURAUD1.601070.0001$7.01
GBPCAD1.879770.0001$7.12
XAUUSD4,109.680.01$1.00

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Every TeachTrades signal already carries its entry, stop and targets, so the sizing above is the only sum left to do. Free accounts see the pairs and the live results.

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The other calculators

Lot size calculatorRisk a fixed % of your account, on any pairRisk / reward calculatorAnd the win rate it needs to break evenProfit calculatorPips to money, spread included