Pip Value Calculator USD/CAD
Using estimated rate
Calculate pip value for USD/CAD
Inputs
Standard lot pip value
1 lot = $7.38 per pip
= $7.38
Adjust for lot size
$7.38 × 0.5 = $3.69
= $3.69
When calculating USD/CAD pip values: USD/CAD uses standard 4-decimal pricing where one pip equals 0.0001. This major pair has typical spreads of 1.2-1.8 pips with high liquidity across all sessions.
Frequently Asked Questions
How do I calculate pip value for USD/CAD in my account currency?
The pip value for USD/CAD depends on your lot size and account currency. For a standard lot (100,000 units), multiply one pip (0.0001) by the lot size, then convert to your account currency using the current rate.
Does pip value change based on USD/CAD exchange rate?
Yes, pip value fluctuates with the USD/CAD 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 USD/CAD trading?
Lot size depends on your account balance and risk tolerance. For USD/CAD, 1 standard lot = 100,000 units of USD. Beginners often start with micro lots (0.01) to limit risk.