Trade Forex Trading

How to Count EURPLN Pips Value - EURPLN Pip Calculator

EURPLN Pips Value Calculator for EURPLN Currency Pair Explained

What's EURPLN Pip Value? - What is the value of 1 Pip EURPLN?

The EURPLN currency pair is quoted using 4 decimal places and the last decimal place is known as a pip.

Some brokers use fractional pips for EURPLN with five decimals. The fifth digit is the pipette. The fourth is the full pip.

For EURPLN with a trade volume of 1 standard lot, the Pip Value stands at $2.58. Trading EUR/PLN involves transacting in sets known as lots: one standard EUR/PLN lot represents 100,000 currency units.

EURPLN is traded in groups to make each pip worth more, which also makes the profit bigger when you trade EURPLN.

How to Determine EURPLN Pip Worth in USD

For a standard Forex lot of the EURPLN currency pair, the monetary value corresponding to a single Pip (Point) movement is calculated as -$2.58.

To calculate value of 1 EURPLN Pip, You'll use the position size traded/transacted. The position size is determined by lot type used to open the EUR PLN trade, the 3 types of EUR/PLN lots when trading are:

  1. Standard Lot - Which is equivalent to 100,000 Units of the Currency
  2. Mini Lot - Equivalent to 10,000 Units of the Currency
  3. Micro Lot - Equivalent to 1,000 Units of the Currency


How To Count Pips on EURPLN - How To Calculate Pips For EURPLN

Trading EUR/PLN with 1 standard lot means that 1 pip is equivalent to $2.58.

If one trades EUR PLN utilizing one standard mini lot, the value attributed to a single Pip movement is $0.258.

When trading EURPLN with one micro lot, one EUR/PLN pip equates to $0.0258 in monetary terms.

EURPLN Pip Value Calculation: Examples Explaining How to Determine EURPLN Pips - EUR PLN Pip Calculator

Study More Courses and Courses:

Top 100 Broker Rankings

Forex Broker