Pip Calculator NZD/JPY
Using estimated rate
Calculate pip value for NZD/JPY
Inputs
Identify pip size
{pipSize} for {pair} ({decimals}-decimal pricing) NZD/JPY = 0.01
= 0.01
Apply pip value formula
(0.01 ÷ 1.000) × 1 × 100,000
= 1000.00
For NZD/JPY pip calculations: NZD/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This cross pair has typical spreads of 2.0-3.2 pips with good liquidity.
Frequently Asked Questions
How many decimal places does NZD/JPY use for pip calculation?
NZD/JPY uses 2-decimal pricing, meaning one pip equals 0.01. This is standard for minor pairs where the quote currency is JPY.
What is the pip value for 1 standard lot of NZD/JPY?
For 1 standard lot (100,000 units) of NZD/JPY, the pip value depends on the current exchange rate. Use this calculator to get the exact value in your account currency.
Why does NZD/JPY have different pip decimals than other pairs?
NZD/JPY uses 2-decimal pricing because JPY is the quote currency. JPY pairs use 2 decimals, most others use 4, and commodities vary based on the asset.