EUR/USD pip value calculator
What one pip on EUR/USD is worth for your lot size, in USD, GBP or EUR, with the pair's pip size, contract specification and what moves it.
EUR/USD pip size and contract specification
EUR/USD is the price of one euro in US dollars. The pair is often nicknamed "fiber". It is the most traded currency pair in the world, which is why spreads on it are usually among the tightest.
| Specification | EUR/USD |
|---|---|
| Base currency | EUR (euro) |
| Quote currency | USD (US dollar) |
| Pip size | 0.0001 (fourth decimal place) |
| Pipette (fractional pip) | 0.00001 |
| Standard lot | 100,000 EUR |
| Mini lot | 10,000 EUR |
| Micro lot | 1,000 EUR |
| Pip value per standard lot | 10 USD |
Brokers set their own contract terms, so confirm the lot size and quote precision in your platform's symbol specification.
EUR/USD pip value by lot size
The pip value in the quote currency is fixed: pip size × units traded. One standard lot of 100,000 EUR × 0.0001 = 10 USD per pip. Because the quote currency is the dollar, the pip value for a USD account is fixed at $10 per standard lot whatever the price.
| Lot size | In USD | USD | GBP | EUR |
|---|---|---|---|---|
| Micro (0.01) | 0.10 USD | $0.10 | £0.07 | €0.09 |
| Mini (0.10) | 1.00 USD | $1.00 | £0.75 | €0.89 |
| Standard (1.00) | 10.00 USD | $10.00 | £7.47 | €8.92 |
Converted with this site's reference rates dated 22 October 2026. The calculator above uses the current rates when you open it.
Worked example
A buy on EUR/USD at 1.1215 that closes at 1.1265 has moved 50 pips. On 0.10 lots that is 50 × 1.00 USD = 50.00 USD, or about $50.00 for a USD account at the reference rate.
What moves EUR/USD
The pair reflects policy at the European Central Bank (ECB) and the US Federal Reserve. Drivers that often move it include euro-area inflation and business surveys, and US inflation and jobs data. Activity is usually highest during the London session and the London and New York overlap; see the market hours clock for the times in your zone.
What a EUR/USD pip is worth on a UK account
EUR/USD is quoted in dollars, so a pip is always $10 per standard lot. A UK trader with a sterling account earns and loses those dollars and sees them converted into pounds, so the pound value of the same pip depends on GBP/USD, not on EUR/USD. The sum is $10 ÷ GBP/USD. At the reference GBP/USD rate of 1.3394 that gives about £7.47 per standard lot.
Because the conversion rate moves, the pound value drifts even when your EUR/USD trade is unchanged. With GBP/USD at 1.40 the same pip would be worth about £7.14; at 1.25 it would be worth £8.00. Brokers handle the conversion differently, some at the close of each trade and some continuously, so check how your platform shows profit and loss on dollar quoted pairs.
Sizing a EUR/USD position from a risk in pounds
Example only. The figures below are illustrative, use the reference rates dated 22 October 2026 and are not a trade or a result.
- Decide the most you are prepared to lose on the trade. On a £10,000 account, risking 1% is £100.
- Measure the stop distance in pips from your entry. Say the stop is 30 pips away.
- Multiply the stop by the pound value of a pip per lot: 30 × £7.47 = £224.10 per standard lot.
- Divide the risk by that figure: £100 ÷ £224.10 = 0.446 lots. Round down to 0.44 lots, which risks about £98.60 if the stop is filled at its level.
The position size calculator runs the same steps for any pair, and the lot size guide explains the rounding.
Spreads, news and the EUR/USD pip
Costs are counted in pips too. A spread of 1 pip on one standard lot costs $10, about £7.47 at the reference rate, the moment the trade opens, and the trade has to move that far before it breaks even. Around the ECB rate decision and US non-farm payrolls spreads can widen and price can jump past a stop, so the loss in pips can be larger than the distance you planned. The EUR/USD guide covers the pair's habits and the EUR/USD weekly forecast lists the week's levels and events.
To see how Forexuro's EUR/USD trades were sized and closed, compare the EUR/USD signals page with the full trade history, and read how each result can be checked on the verify page.
EUR/USD on Forexuro's results record
See every closed EUR/USD signal in the trade history.
See live ideas and the closed record on the EUR/USD signals page. Results are scored with the rules on the methodology page. Past results do not guarantee future results.
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Frequently asked questions
What is the pip value of EUR/USD?
One pip on EUR/USD is 0.0001, worth 10 USD per standard lot, 1 USD per mini lot and 0.10 USD per micro lot. For a USD account that is $10, $1 and $0.10.
How many pips is a 1 cent move in EUR/USD?
100 pips. A pip is 0.0001, so a move of 0.0100 is 100 pips.
What is a pipette on EUR/USD?
A pipette is a tenth of a pip, 0.00001 on EUR/USD. Most platforms show it as the fifth decimal place.
When is EUR/USD most active?
Usually during the London session and the London and New York overlap. Movement also tends to pick up around news on euro-area inflation and business surveys, and US inflation and jobs data.
Is a EUR/USD pip always worth £7.47?
No. A EUR/USD pip is fixed at $10 per standard lot, but its value in pounds is $10 divided by GBP/USD. £7.47 is the figure at the reference rate of 1.3394 dated 22 October 2026. If GBP/USD rises the pound value falls, and if GBP/USD falls it rises.
How do I size a EUR/USD trade for a fixed risk in pounds?
Divide the amount you are willing to lose by the stop distance in pips multiplied by the pound value of a pip per lot. For example, risking £100 with a 30 pip stop at £7.47 per pip per lot gives £100 ÷ £224.10, about 0.44 lots after rounding down.
Calculators are for education and planning. They do not account for your broker's spread, commission, swap or contract terms. Trading forex and CFDs carries a high risk of losing money. Read our risk disclosure.