Pip Calculator USD/TRY
Using estimated rate
Calculate pip value for USD/TRY
Inputs
Identify pip size
{pipSize} for {pair} ({decimals}-decimal pricing) USD/TRY = 0.0001
= 0.0001
Apply pip value formula
(0.0001 ÷ 1.00000) × 1 × 100,000
= 10.00
For USD/TRY pip calculations: USD/TRY uses standard 4-decimal pricing where one pip equals 0.0001. This exotic pair has wider spreads (40-80 pips) due to lower trading volume.
Frequently Asked Questions
How many decimal places does USD/TRY use for pip calculation?
USD/TRY uses 4-decimal pricing, meaning one pip equals 0.0001. This is standard for exotic pairs where the quote currency is TRY.
What is the pip value for 1 standard lot of USD/TRY?
For 1 standard lot (100,000 units) of USD/TRY, the pip value depends on the current exchange rate. Use this calculator to get the exact value in your account currency.
Why does USD/TRY have different pip decimals than other pairs?
USD/TRY uses 4-decimal pricing because TRY is the quote currency. JPY pairs use 2 decimals, most others use 4, and commodities vary based on the asset.