Spread Cost Calculator USD/JPY
Using estimated rate
Calculate spread cost for USD/JPY
Inputs
Get pip value
For {pair}, approximately {value} per standard lot USD/JPY = $6.69
= $6.69
Multiply spread by pip value
1.2 pips × $6.69
= $8.03
When calculating USD/JPY spread costs: USD/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This major pair has typical spreads of 0.7-1.2 pips with high liquidity across all sessions.
Frequently Asked Questions
What is the typical spread for USD/JPY?
USD/JPY is a major pair with spreads typically ranging from the broker average. Major pairs have tighter spreads, while exotics and commodities have wider spreads.
How does spread cost affect my USD/JPY trades?
Spread is an immediate cost on USD/JPY trades. For 2-decimal pricing, a 1 pip spread on 1 lot costs approximately $10 for USD-quoted pairs.
When is the best time to trade USD/JPY for lower spreads?
Spreads on USD/JPY are typically lowest during high liquidity periods when both USD and JPY market sessions overlap. Avoid trading during low liquidity or news events.