EUR/USD pip value
One pip of EUR/USD is about $10.00 for a standard lot in a USD account. See it for every lot size and account currency, try your own numbers, and learn how the value is worked out.
Your numbers
Find out what one is worth in your own money.
The currency your trading account is held in, so the answer is in your own money.
Trade size in . 1 standard lot is 100,000 units, a mini lot is 0.1 and a micro lot is 0.01.
Your answer
One pip on a position of 1 standard lot of EUR/USD is worth $10.00 in your USD account. If the price moves 10 pips, you gain or lose $100.00.
- Per pipette (0.1 pip)
- $1.00
- Size of one pip
- 0.0001
- Trade size (units)
- 100,000
- A 10 pip move
- $100.00
+Show the working
- Position size in units = 1 standard lot × 100,000 = 100,000 units.
- Pip value in USD = 100,000 units × 0.0001 (the size of a pip) = 10 USD.
- USD is also your account currency, so no conversion is needed.
- A pipette is a tenth of a pip: $10.00 ÷ 10 = $1.00.
EUR/USD live price
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For information only, not financial advice. Trading carries a high risk of loss. Results depend on the values you enter and on your broker's contract specifications. Risk disclosure
What is a pip on EUR/USD?
A pip is the standard small step in a forex price. On EUR/USD it is 0.0001, the fourth decimal place. If the price moves from 1.1193 to 1.1194, it has moved one pip. Most brokers quote one more digit, a pipette, which is a tenth of a pip.
Pip value of EUR/USD by lot size
For one standard lot the pip value in USD is 100,000 units × 0.0001 = 10 USD. Because EUR/USD is quoted in US dollars, that is already the value in a USD account: $10.00 per pip for a standard lot. An account in another currency converts the dollar amount at the current exchange rate, so the pip value is a little different in euros or pounds and moves as that rate moves.
| Account currency | Standard lot (1.00) | Mini lot (0.10) | Micro lot (0.01) | Exchange rate used |
|---|---|---|---|---|
| USD | $10.00 | $1.00 | $0.10 | none needed |
| EUR | €8.93 | €0.8934 | €0.0893 | 1.1193 |
| GBP | £7.48 | £0.748 | £0.0748 | 0.748039 |
| CAD | CA$14.00 | CA$1.40 | CA$0.14 | 1.399535 |
| AUD | A$14.24 | A$1.42 | A$0.1424 | 1.424015 |
| NZD | NZ$17.58 | NZ$1.76 | NZ$0.1758 | 1.75842 |
| CHF | CHF 8.24 | CHF 0.8244 | CHF 0.0824 | 0.824355 |
| JPY | ¥1,568.03 | ¥156.8 | ¥15.68 | 156.803359 |
What a move in EUR/USD is worth
The table shows the profit or loss, in a US dollar account, from a move of the given number of pips in your favour or against you. Multiply a pip value by the number of pips to get the result.
| Move | Standard lot (1.00) | Mini lot (0.10) | Micro lot (0.01) |
|---|---|---|---|
| 10 pips | $100.00 | $10.00 | $1.00 |
| 25 pips | $250.00 | $25.00 | $2.50 |
| 50 pips | $500.00 | $50.00 | $5.00 |
| 100 pips | $1,000.00 | $100.00 | $10.00 |
Sizing a trade on EUR/USD
The pip value is what turns a stop-loss in pips into a position size. Divide the amount you are willing to lose by the stop in pips times the pip value of one lot. With $10.00 per pip for a standard lot in a USD account:
- Risking $100.00 with a 20 pip stop-loss: $100.00 ÷ (20 pips × $10.00) = about 0.50 standard lots.
- Risking $250.00 with a 35 pip stop-loss: $250.00 ÷ (35 pips × $10.00) = about 0.71 standard lots.
- Risking $500.00 with a 50 pip stop-loss: $500.00 ÷ (50 pips × $10.00) = about 1.00 standard lots.
Round the result down to a lot size your broker allows, usually 0.01. The position size calculator does this for any pair, risk amount and account currency.
About EUR/USD
EUR/USD shows how many US dollars one euro buys. The EUR is the currency of the euro area, whose central bank is the European Central Bank. The USD is the currency of the United States, whose central bank is the Federal Reserve. It is one of the seven major pairs, which all include the US dollar. The two currencies belong to different trading sessions: EUR to London (about 08:00 to 17:00 UTC) and USD to New York (about 13:00 to 22:00 UTC). A pair is usually most active when its two home sessions overlap, though prices move at any hour the market is open.
Things to check with your broker
- The size of one lot. This page uses 100,000 EUR units for a standard lot, which is the usual size but not universal.
- How the broker defines a pip. The pip value on your platform's contract specification always overrules this page.
- The exchange rate the platform uses to convert to your account currency. It is the rate at the time of the trade, not the rounded one shown here.
- Costs. The pip value is only a distance in money. Spreads, commissions and overnight swaps come on top and are not included.
Numbers on this page use the European Central Bank's euro reference rates for 2026-10-23 (source: ECB statistics). They are for information only: your broker's own rates and contract specification decide the real figure.
Frequently asked questions
+What is the pip value of EUR/USD?
For one standard lot, one pip of EUR/USD is worth about $10.00 in a USD account. A mini lot is about $1.00 and a micro lot about $0.10. Because the pair is quoted in US dollars, this value does not change with the exchange rate.
+How much is 10 pips worth on EUR/USD?
Ten pips on one standard lot is about $100.00 in a USD account, $10.00 on a mini lot and $1.00 on a micro lot.
+How big is a pip on EUR/USD?
A pip on EUR/USD is 0.0001. It is the fourth decimal place. A tenth of a pip is called a pipette.
+Does the pip value of EUR/USD change over time?
In a US dollar account it stays at $10.00 per standard lot, because the pip is measured in the account currency. In an account held in another currency it changes with that currency's exchange rate against the dollar.
+What is the pip value of EUR/USD in a euro account?
For one standard lot it is about €8.93 at the rates used on this page. It is the dollar-based value converted at the euro exchange rate.
+How many lots should I trade on EUR/USD?
It depends on how much you are willing to lose and how many pips away your stop-loss is. For example, risking $100.00 with a 20 pip stop is about 0.50 standard lots. Use the position size calculator to work it out for your own numbers.