Pip Value Calculator EUR/JPY
Using estimated rate
Calculate pip value for EUR/JPY
Inputs
Standard lot pip value
1 lot = $6.16 per pip
= $6.16
Adjust for lot size
$6.16 × 0.5 = $3.08
= $3.08
When calculating EUR/JPY pip values: EUR/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This cross pair has typical spreads of 1.2-2.2 pips with good liquidity.
Frequently Asked Questions
How do I calculate pip value for EUR/JPY in my account currency?
The pip value for EUR/JPY depends on your lot size and account currency. For a standard lot (100,000 units), multiply one pip (0.01) by the lot size, then convert to your account currency using the current rate.
Does pip value change based on EUR/JPY exchange rate?
Yes, pip value fluctuates with the EUR/JPY exchange rate. When the rate moves, your pip value in account currency changes proportionally. This calculator updates in real-time.
What lot size should I use for EUR/JPY trading?
Lot size depends on your account balance and risk tolerance. For EUR/JPY, 1 standard lot = 100,000 units of EUR. Beginners often start with micro lots (0.01) to limit risk.