What is the pip value of AUD/CAD?

If your account currency is the euro, and you want to know the pip value of the AUD/CAD, remember that for a person with a CAD account, a standard lot would be CAD$10 for this pair. Convert that CAD$10 to euros by dividing it by the EUR/CAD rate. If the rate is 1.48132, the standard lot pip value is EUR6.75.

What is the Pips size of AUDUSD?

The pip size of AUDUSD is 0.0001, so with the current AUDUSD price of 0.6510, the digits 0 represents 0.0 pips.

What is a pip value?

The pip value is $1. If you bought 10,000 euros against the dollar at 1.0801 and sold at 1.0811, you'd make a profit of 10 pips or $10. On the other hand, when the USD is the first of the pair (or the base currency), such as with the USD/CAD pair, the pip value also involves the exchange rate.

How do you calculate pips?

In this case, the value of one pip is calculated by multiplying the trade value (or lot size) by 0.0001. So, for the EUR/USD pair, multiply a trade value of, say, 10,000 euros by .0001. The pip value is $1. If you bought 10,000 euros against the dollar at 1.0801 and sold at 1.0811, you'd make a profit of 10 pips or $10.