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What is a pip calculator?
Our Pip Calculator tool displays the value per pip in your account’s base currency for all major currency pairs in various lot sizes.What is pip value in AUD/USD?
For example, if you are buying the EUR/AUD from a U.S. denominated brokerage account, the value of each pip of the EUR/AUD would be different based on the price of AUD/USD at that moment. If the price of AUD/USD is at 0.7500 and you are trading 1 mini lot (10,000 units) of EUR/USD, pip value would be $0.75.What is the Pips size of AUDUSD?
The pip size of AUDUSD is 0.0001, so with the current AUDUSD price of 0.6510, the digits 0 represents 0.0 pips.How do I convert pip value to currency?
Depending on your account base currency, you would need to convert the pip value accordingly. Pip Value = (1 pip / Quote Currency Exchange Rate to Account Currency) * Lot size in units For example, the pip value of EURUSD is $10 per pip with a standard lot size and a USD account: Pip Value = (0.0001 / 1)*100000 = $10.