Pip Calculator GBP/NZD
Using estimated rate
Calculate pip value for GBP/NZD
Inputs
Identify pip size
{pipSize} for {pair} ({decimals}-decimal pricing) GBP/NZD = 0.0001
= 0.0001
Apply pip value formula
(0.0001 ÷ 1.00000) × 1 × 100,000
= 10.00
For GBP/NZD pip calculations: GBP/NZD uses standard 4-decimal pricing where one pip equals 0.0001. This cross pair has typical spreads of 3.5-5.0 pips with good liquidity.
Frequently Asked Questions
How many decimal places does GBP/NZD use for pip calculation?
GBP/NZD uses 4-decimal pricing, meaning one pip equals 0.0001. This is standard for minor pairs where the quote currency is NZD.
What is the pip value for 1 standard lot of GBP/NZD?
For 1 standard lot (100,000 units) of GBP/NZD, the pip value depends on the current exchange rate. Use this calculator to get the exact value in your account currency.
Why does GBP/NZD have different pip decimals than other pairs?
GBP/NZD uses 4-decimal pricing because NZD is the quote currency. JPY pairs use 2 decimals, most others use 4, and commodities vary based on the asset.