Profit Calculator USD/DKK
Using estimated rate
Calculate profit for USD/DKK
Inputs
Calculate price difference
1.00250 - 0.99850 = 0.00400
= 40.0 pips
Calculate pip value
For {pair}, approximately {value} per standard lot 0.5 lots = $5.00
= $5.00
Multiply by pip value
40.0 × $5.00
= $200.00
For USD/DKK profit calculations: USD/DKK uses standard 4-decimal pricing where one pip equals 0.0001. This exotic pair has wider spreads (20-30 pips) due to lower trading volume.
Frequently Asked Questions
How do I calculate profit for a USD/DKK trade?
For USD/DKK, profit = (exit price - entry price) × lot size × contract size (100,000). For 4-decimal pairs, divide price difference by 0.0001 to get pips.
How do I convert USD/DKK profit to my account currency?
If your account is in DKK, profit is already in that currency. Otherwise, convert using the current exchange rate between DKK and your account currency.
Does spread affect my USD/DKK profit calculation?
Yes, spread reduces profit on USD/DKK trades. You pay the spread when entering, so your trade starts slightly negative. Factor this cost into your profit targets.