---
title: "Pip Value Calculator for Forex & Gold - Get Funded Now"
description: "Work out exactly how much a single pip is worth in dollars for any currency pair, gold or lot size - essential for accurate position sizing."
url: "https://getfundednow.com/tools/pip-value-calculator"
language: "en"
last_modified: "2026-09-22"
publisher: "Get Funded Now (getfundednow.com)"
translations:
  es: "https://getfundednow.com/es/tools/pip-value-calculator"
  pt-BR: "https://getfundednow.com/pt-br/tools/pip-value-calculator"
  fr: "https://getfundednow.com/fr/tools/pip-value-calculator"
  it: "https://getfundednow.com/it/tools/pip-value-calculator"
  de: "https://getfundednow.com/de/tools/pip-value-calculator"
disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds."
---

Free trading tool

# Pip value calculator: what a pip is really worth.

Pip value changes with the pair, the lot size and, for some pairs, the exchange rate. Pick your pair and lot size and this works out the dollar value per pip instantly.

[Start your challenge →](https://getfundednow.com/challenges) · [Try the position size calculator](https://getfundednow.com/tools/position-size-calculator)

Currency pair

EUR/USD

Lot size

1 = standard lot (100,000 units), 0.1 = mini, 0.01 = micro.

Value per pip: $10.00

Value per 100-pip move: $1,000.00

Pip value per standard lot: $10.00

How it works

## Why pip value isn't fixed.

A pip is a fixed price move, but its dollar value changes with the pair, the lot size, and - for some pairs - the exchange rate.

For pairs quoted against the US dollar (EUR/USD, GBP/USD, AUD/USD, NZD/USD), one pip on a standard lot is always worth exactly $10 - the exchange rate doesn't change the answer.

For pairs where the dollar is the base currency (USD/JPY, USD/CAD, USD/CHF), pip value moves with the rate - this calculator uses a representative rate you can update to the live one.

Gold (XAU/USD) is treated as a $0.01 price move on a 100oz lot, the convention most brokers use.

Ready when you are

## Your capital stays yours. The risk is ours.

One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes.

[Start your challenge →](https://getfundednow.com/challenges) · [Read the rules](https://getfundednow.com/faq)

No subscriptions or hidden fees

Payouts every 14 days

$400,000 max total allocation

---

Source: https://getfundednow.com/tools/pip-value-calculator
Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt
