EURHKD Pip Value Calculator(Free Accurate Tool for 2025)

What Is Pip Value in Forex?

In forex trading, a pip represents the smallest price movement a currency pair can make. For most major and minor pairs, 1 pip equals 0.0001, while Japanese Yen pairs (such as USD/JPY) use 0.01.

In general:

• Most forex pairs → 1 pip = 0.0001
• JPY pairs → 1 pip = 0.01
• Gold (XAU/USD) → usually 0.01 per pip
• Silver (XAG/USD) → usually 0.01 per pip
• Crypto pairs → depends on the broker (often 0.01 or 0.0001)

A pipette is one tenth of a pip (0.00001), which you will see on 5-digit or 3-digit pricing. Understanding pip value is essential because it tells you exactly how much money you gain or lose per pip move, helping you manage risk and position size correctly.

How to Use This Pip Value Calculator

1. Enter the Number of Pips

Type in the number of pips you want to measure – for example, your stop-loss size or take-profit target.

2. Select Your Trading Instrument

Choose the forex pair, metal, index or cryptocurrency you are trading, such as EUR/USD, GBP/JPY or XAU/USD.

3. Input Your Lot Size

You can use standard lots (1.00), mini lots (0.10), micro lots (0.01) or a custom position size depending on your trading style.

4. Choose Your Account Currency

Select the currency your trading account is denominated in – for example USD, EUR, GBP, AUD or CAD. Pip values depend on this setting.

5. Click “Calculate”

Hit the calculate button and the tool will instantly display the pip value using current interbank market prices.

Pip Value Formula (How It’s Calculated)

If you want to understand how pip value is calculated, use the formula below:

Pip Value = (One Pip / Exchange Rate) × Lot Size

Where:

• One Pip = 0.0001 for most pairs, 0.01 for JPY pairs
• Exchange Rate = current market price of the pair
• Lot Size = the number of units you are trading

Example: Pip Value Calculation for EUR/USD

Let’s calculate the pip value of a 0.10 lot trade on EUR/USD.

• One pip = 0.0001
• Exchange rate = 1.21580
• Lot size = 10,000 units (0.10 lot)

Apply the formula:

Pip Value = (0.0001 / 1.21580) × 10,000

Result:
Pip Value ≈ €0.82225 per pip

If EUR/USD moves 10 pips in your favour, the profit would be:
10 × €0.82225 = €8.22

This example shows how pip value changes depending on the currency pair, account currency and lot size.

Why Pip Value Matters in Forex Trading

Knowing the exact pip value of your trade is a core part of professional risk management. It helps you:

• Calculate how much you will win or lose per pip
• Set a stop-loss that matches your risk tolerance
• Choose the correct position size for each trade
• Control leverage and avoid overexposure
• Plan consistent risk per trade across different currency pairs

Without a clear understanding of pip value, traders can easily oversize positions and damage their account with only a few losing trades.

Pip Value Table (Quick Reference)

This table shows approximate pip values for common forex pairs with USD as the account currency:

Values above are estimates and can vary slightly depending on your broker, contract specifications and exact exchange rate. For precise values, always rely on the real-time pip value calculator.