How to Count AUDHKD Pips Value - Forex AUDHKD Pip Calculator
AUDHKD Pips Value Calculator for AUDHKD Currency Pair Explained
What's AUDHKD Pip Value? - What is the value of 1 Pip AUDHKD?
The AUDHKD currency pair is quoted using 4 decimal places and the last decimal place is known as a pip.
If your broker implements fractional pips and quotes AUDHKD currency using five decimals, the last decimal point in the fx quote is known as a fractional pip or pipette, but the 4th decimal point is the PIP.
The Value of a Pip for AUDHKD when using 1 standard lot is $1.28 - When trading AUD/HKD, AUDHKD is traded in lots (batches). 1 lot of AUD/HKD is equivalent to 100, 000 units of currency.
AUDHKD is traded in lots so as to increase the value of 1 pip and therefore also increasing the profit value when trading AUDHKD currency pair.
How Much is 1 Pip in AUDHKD? - What is AUDHKD Pip Value in U-SD?
The Value per 1 Pip for AUDHKD Currency Pair for 1 Lot is - $1.28
To calculate value of 1 AUDHKD Pip, You will use the position size traded. The position size is determined by lot type used to open the AUD HKD trade, the 3 types of AUD/HKD lots when trading are:
- Standard Lot - Which is equal 100,000 Units of Currency
- Mini Lot - Equivalent to 10,000 Units of Currency
- Micro Lot - Equal to 1,000 Units of Currency
How To Count Pips on AUDHKD - How To Calculate Pips For AUDHKD
When trading AUD/HKD using 1 standard lot, 1 AUDHKD Pip is equal to $1.28
When trading AUD HKD using 1 mini lot, 1 Pips of AUD HKD is equivalent to $0.128
When trading AUDHKD using 1 micro lot, 1 AUD/HKD Pip is equal to $0.0128
AUDHKD Forex Pip Value Calculator: How to Calculate AUDHKD Pips Examples Explained - AUD HKD Pips Calculator
