Pip Calculator XAG/USD
Calculate pip value for XAG/USD
Inputs
Identify pip size
{pipSize} for {pair} ({decimals}-decimal pricing) XAG/USD = 0.01
= 0.01
Apply pip value formula
(0.01 ÷ 23.500) × 1 × 5,000
= 2.13
For XAG/USD pip calculations: XAG/USD uses 2-decimal pricing (0.01 per pip) since USD is valued in hundreds per unit. Contract size: 5,000 units. Typical spreads: 2.5-4.0 pips.
Frequently Asked Questions
How many decimal places does XAG/USD use for pip calculation?
XAG/USD uses 2-decimal pricing, meaning one pip equals 0.01. This is standard for commodity pairs where the quote currency is USD.
What is the pip value for 1 standard lot of XAG/USD?
For 1 standard lot (5,000 units) of XAG/USD, the pip value depends on the current exchange rate. Use this calculator to get the exact value in your account currency.
Why does XAG/USD have different pip decimals than other pairs?
XAG/USD uses 2-decimal pricing because USD is the quote currency. JPY pairs use 2 decimals, most others use 4, and commodities vary based on the asset.