GBP/CHF pip value
One pip of GBP/CHF is about $12.13 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.
+Exchange rate (already filled in)
The exchange rate is pre-filled from the ECB reference rate for 2026-10-23. It is a daily rate for information only, so your broker's price will differ a little. Replace it with the current one from your platform for an exact result.
Your answer
One pip on a position of 1 standard lot of GBP/CHF is worth $12.13 in your USD account. If the price moves 10 pips, you gain or lose $121.31.
CHF 10.00 in CHF, converted to USD.
- Per pipette (0.1 pip)
- $1.21
- Size of one pip
- 0.0001
- Trade size (units)
- 100,000
- A 10 pip move
- $121.31
+Show the working
- Position size in units = 1 standard lot × 100,000 = 100,000 units.
- Pip value in CHF = 100,000 units × 0.0001 (the size of a pip) = 10 CHF.
- Converted to USD at 1.21307 USD per CHF: 10 × 1.21307 = $12.13.
- A pipette is a tenth of a pip: $12.13 ÷ 10 = $1.21.
GBP/CHF 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 GBP/CHF?
A pip is the standard small step in a forex price. On GBP/CHF it is 0.0001, the fourth decimal place. If the price moves from 1.1020 to 1.1021, it has moved one pip. Most brokers quote one more digit, a pipette, which is a tenth of a pip.
Pip value of GBP/CHF by lot size
For one standard lot the pip value in CHF is 100,000 units × 0.0001 = 10 CHF. The quote currency is the Swiss franc, so in a USD account it is converted at about 1.21307 US dollars per CHF: 10 CHF is about $12.13. Because that conversion rate moves, the pip value of GBP/CHF in dollars moves with it.
| Account currency | Standard lot (1.00) | Mini lot (0.10) | Micro lot (0.01) | Exchange rate used |
|---|---|---|---|---|
| USD | $12.13 | $1.21 | $0.1213 | 1.21307 |
| EUR | €10.84 | €1.08 | €0.1084 | 1.083776 |
| GBP | £9.07 | £0.9074 | £0.0907 | 1.102 |
| CAD | CA$16.98 | CA$1.70 | CA$0.1698 | 1.697735 |
| AUD | A$17.27 | A$1.73 | A$0.1727 | 1.72743 |
| NZD | NZ$21.33 | NZ$2.13 | NZ$0.2133 | 2.133088 |
| CHF | CHF 10.00 | CHF 1.00 | CHF 0.10 | none needed |
| JPY | ¥1,902.14 | ¥190.21 | ¥19.02 | 190.213504 |
What a move in GBP/CHF 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 | $121.31 | $12.13 | $1.21 |
| 25 pips | $303.27 | $30.33 | $3.03 |
| 50 pips | $606.54 | $60.65 | $6.07 |
| 100 pips | $1,213.07 | $121.31 | $12.13 |
Sizing a trade on GBP/CHF
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 $12.13 per pip for a standard lot in a USD account:
- Risking $100.00 with a 20 pip stop-loss: $100.00 ÷ (20 pips × $12.13) = about 0.41 standard lots.
- Risking $250.00 with a 35 pip stop-loss: $250.00 ÷ (35 pips × $12.13) = about 0.59 standard lots.
- Risking $500.00 with a 50 pip stop-loss: $500.00 ÷ (50 pips × $12.13) = about 0.82 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 GBP/CHF
GBP/CHF shows how many Swiss francs one British pound buys. The GBP is the currency of the United Kingdom, whose central bank is the Bank of England. The CHF is the currency of Switzerland, whose central bank is the Swiss National Bank. It is a cross or minor pair, which does not include the US dollar. Both currencies belong to the London trading session (about 08:00 to 17:00 UTC), so the pair is usually most active then.
Things to check with your broker
- The size of one lot. This page uses 100,000 GBP 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 GBP/CHF?
For one standard lot, one pip of GBP/CHF is worth about $12.13 in a USD account. A mini lot is about $1.21 and a micro lot about $0.1213. The value changes a little as the exchange rate moves.
+How much is 10 pips worth on GBP/CHF?
Ten pips on one standard lot is about $121.31 in a USD account, $12.13 on a mini lot and $1.21 on a micro lot.
+How big is a pip on GBP/CHF?
A pip on GBP/CHF is 0.0001. It is the fourth decimal place. A tenth of a pip is called a pipette.
+Why does the pip value of GBP/CHF change?
The pip is worth a fixed amount of CHF, and that amount is converted into your account currency at the current exchange rate. When the rate moves, the pip value in your account currency moves with it.
+What is the pip value of GBP/CHF in a euro account?
For one standard lot it is about €10.84 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 GBP/CHF?
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 0.41 standard lots. Use the position size calculator to work it out for your own numbers.