value in that currency to your own by dividing it by XXX/YYY, where XXX is your own account currency. Where z number of pips as a gain or loss. If our account is USD, divide GBP10 by the USD/GBP rate. Of units of pair XXX/YYY dPIP: the definition of the pip based on the pair XXX/YYY. To learn more click here. That is the USD/GBP rate. You can also choose the currency in which you want the result to be given. If you want the result in EUR, it is necessary to multiply this amount by the unitary CHF/EUR rate. S size of the contract.
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You can then do the calculation above. If you can only find a "backward"", such as the GBP/USD rate being.3152, then divide one by the rate to get.7600. If you're happy with this continue to use our site without changing settings, or find out how to manage cookies. This essentially depends: on the size of the contract (i.e. You may have a USD account, but want to trade the EUR/GBP. The next step is converting GBP10 to our own currency. If the rate.7600, then the pip value is USD13.16. Always consider which currency is providing the pip value: the second currency (YYY). If your account currency is euros and you want to know the pip value of the AUD/CAD, remember that for a person with a CAD account a standard lot would be CAD10 for this pair.
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