The Pip Calculator is supplied by InterbankFX. Please click here to link to their website and use the Pip Calculator.
 
Value per pip changes in accordance to the mark-to-market currency price for the indirect currency pairs. To calculate your pip value simply select your Currency Pair from the drop list, enter the Contract Size and the Ask Price and push the Calculate button.
 
What is Pip?
 
Pip (or Points) is the term used in currency market to represent the smallest incremental move an exchange rate can make. Depending on context, normally one basis point (0.0001 in the case of EUR/USD, GBD/USD, USD/CHF and .01 in the case of USD/JPY).

What is Contract Size?
 
Contract or Lot is the standard unit of trading on certain exchanges.

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