Trading Tools

EUR/JPY Pip Value Calculator

See what one pip on EUR/JPY is worth in US dollars for any position size. The calculator is preloaded with EUR/JPY.

Parameters

Enter your trade details below

1 pip = 0.01 · 1 standard lot = 100,000 units

lots

In standard lots: 0.10 is a mini lot, 0.01 a micro lot

USD/JPY

Converts the JPY pip value into US dollars. Enter the current rate from your platform; the default is an example rate.

Results

Value of a one-pip move on EUR/JPY, in USD

Per pip on 1.00 lots

$6.76per pip

Standard

$6.76

1.00

Mini

$0.68

0.10

Micro

$0.07

0.01

Formula

How the result is calculated

1

Pip value in the quote currency

Pip Size × Contract Size

0.01 × 100,000 = 1,000 JPY

2

Convert to US dollars

Divide by the USD/JPY rate

0.01 × 100,000 ÷ 148.00 = $6.76

3

Scale to your position

Pip Value per Lot × Lots

$6.76 × 1.00 = $6.76

How pip value is calculated for EUR/JPY

EUR/JPY is a cross: neither currency is the US dollar. One pip on a standard lot is worth 0.01 × 100,000 = 1,000 JPY, converted to US dollars by dividing by the USD/JPY rate. At USD/JPY 148.00 that is $6.76. The pip value moves with USD/JPY, not with the EUR/JPY price.

Yen pairs are quoted to two decimal places, so a pip is 0.01 rather than the 0.0001 used for most other pairs.

Worked example

Holding 1 standard lot of EUR/JPY: Assumes USD/JPY at 148.00, an example rate.

0.01 × 100,000 ÷ 148.00 = $6.76

One pip is worth $6.76. A 30-pip move is worth $202.70 on one lot, $20.27 on a mini lot and $2.03 on a micro lot.

These are the calculator's default inputs above, so its result matches.

Pip value calculator by instrument

For educational purposes only. Not financial advice. Pip values depend on live exchange rates and on your broker's contract specifications; always verify on your platform before trading. Trading forex and CFDs involves significant risk of loss.

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