USD/CAD pip value calculator
What one pip on USD/CAD is worth for your lot size, in USD, GBP or EUR, with the pair's pip size, contract specification and what moves it.
USD/CAD pip size and contract specification
USD/CAD is the price of one US dollar in Canadian dollars. The pair is often nicknamed "loonie", after the loon on Canada's one dollar coin. Canada is a large oil exporter, so crude prices often feed into the Canadian dollar.
| Specification | USD/CAD |
|---|---|
| Base currency | USD (US dollar) |
| Quote currency | CAD (Canadian dollar) |
| Pip size | 0.0001 (fourth decimal place) |
| Pipette (fractional pip) | 0.00001 |
| Standard lot | 100,000 USD |
| Mini lot | 10,000 USD |
| Micro lot | 1,000 USD |
| Pip value per standard lot | 10 CAD |
Brokers set their own contract terms, so confirm the lot size and quote precision in your platform's symbol specification.
USD/CAD pip value by lot size
The pip value in the quote currency is fixed: pip size × units traded. One standard lot of 100,000 USD × 0.0001 = 10 CAD per pip. Because the dollar is the base currency, a USD account converts 10 CAD into dollars at the current price: 10 ÷ 1.4008 = $7.14 per standard lot at the reference price of 1.4008. The value moves as the rate moves.
| Lot size | In CAD | USD | GBP | EUR |
|---|---|---|---|---|
| Micro (0.01) | 0.10 CAD | $0.07 | £0.05 | €0.06 |
| Mini (0.10) | 1.00 CAD | $0.71 | £0.53 | €0.64 |
| Standard (1.00) | 10.00 CAD | $7.14 | £5.33 | €6.37 |
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 USD/CAD at 1.4008 that closes at 1.4058 has moved 50 pips. On 0.10 lots that is 50 × 1.00 CAD = 50.00 CAD, or about $35.69 for a USD account at the reference rate.
What moves USD/CAD
The pair reflects policy at the US Federal Reserve and the Bank of Canada. Drivers that often move it include oil prices and Canadian and US jobs data, which are often released at the same time. Activity is usually highest during the New York session; see the market hours clock for the times in your zone.
USD/CAD pip value in pounds
A USD/CAD pip is worth 10 Canadian dollars per standard lot. A sterling account converts them at GBP/CAD, which is GBP/USD multiplied by USD/CAD. At the reference rates, 1.3394 × 1.4008 is about 1.8762, so a pip is worth 10 ÷ 1.8762, about £5.33 per standard lot. That is one of the lowest pound values among the majors, so the same pound risk allows a larger position than on EUR/USD.
Sizing a USD/CAD trade
Example only. The figures below are illustrative, use the reference rates dated 22 October 2026 and are not a trade or a result.
Risking £100 with a 45 pip stop: 45 × £5.33 = £239.85 per lot, so £100 ÷ £239.85 = 0.41 lots after rounding down, about £98.34 at risk. A larger lot size also means more margin and a larger overnight swap, so check both with the margin calculator and the swap calculator.
Canadian and US releases in UK time
Canada's monthly jobs report from Statistics Canada is often published on the same morning, and at the same time, as US non-farm payrolls, at 8:30 New York time. That is 13:30 UK time for most of the year, but 12:30 for a week or so in March and again from late October to early November, because the UK and the US change their clocks on different dates. The Bank of Canada rate decision is announced at 9:45 New York time, so the same shift applies. Our market hours clock shows the current gap.
Crude oil matters too, because oil is one of Canada's main exports. The USD/CAD guide and the USD/CAD weekly forecast cover the pair's drivers, and the trade history and verify page show every closed Forexuro trade.
USD/CAD on Forexuro's results record
See every closed USD/CAD signal in the trade history.
See live ideas and the closed record on the forex signals page. Results are scored with the rules on the methodology page. Past results do not guarantee future results.
Related tools
Frequently asked questions
What is the pip value of USD/CAD?
One pip on USD/CAD is 0.0001, worth 10 CAD per standard lot, 1 CAD per mini lot and 0.10 CAD per micro lot. For a USD account it depends on the rate; at the reference rates dated 22 October 2026 a standard lot pip was about $7.14.
How many pips is a 1 cent move in USD/CAD?
100 pips. A pip is 0.0001, so a move of 0.0100 is 100 pips.
What is a pipette on USD/CAD?
A pipette is a tenth of a pip, 0.00001 on USD/CAD. Most platforms show it as the fifth decimal place.
When is USD/CAD most active?
Usually during the New York session. Movement also tends to pick up around news on oil prices and Canadian and US jobs data, which are often released at the same time.
What is a USD/CAD pip worth in pounds?
A pip is 10 CAD per standard lot. On a GBP account it is converted at GBP/CAD, so at the reference rates dated 22 October 2026 (GBP/USD 1.3394 and USD/CAD 1.4008) it was about £5.33 per standard lot, £0.53 per mini lot and £0.05 per micro lot.
What time are Canadian jobs data and Bank of Canada decisions in UK time?
The Canadian jobs report is released at 8:30 New York time and Bank of Canada decisions at 9:45 New York time. That is usually 13:30 and 14:45 UK time, and an hour earlier for short spells in March and late October to early November when UK and US clocks change on different dates.
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.