Pip Calculator USD/INR
Using estimated rate
Calculate pip value for USD/INR
Inputs
Identify pip size
{pipSize} for {pair} ({decimals}-decimal pricing) USD/INR = 0.01
= 0.01
Apply pip value formula
(0.01 ÷ 1.000) × 1 × 100,000
= 1000.00
For USD/INR pip calculations: USD/INR uses 2-decimal pricing (0.01 per pip) since INR is valued in hundreds per unit. This exotic pair has wider spreads (40-60 pips) due to lower trading volume.
Frequently Asked Questions
How many decimal places does USD/INR use for pip calculation?
USD/INR uses 2-decimal pricing, meaning one pip equals 0.01. This is standard for exotic pairs where the quote currency is INR.
What is the pip value for 1 standard lot of USD/INR?
For 1 standard lot (100,000 units) of USD/INR, the pip value depends on the current exchange rate. Use this calculator to get the exact value in your account currency.
Why does USD/INR have different pip decimals than other pairs?
USD/INR uses 2-decimal pricing because INR is the quote currency. JPY pairs use 2 decimals, most others use 4, and commodities vary based on the asset.