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How to Count GBPZAR Pips Value - GBPZAR Pip Calculator

GBPZAR Pips Value Calculator for GBPZAR Currency Pair Explained

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

The GBPZAR currency pair is quoted with four decimal places, where the last decimal place is designated as a pip.

If your broker uses fractional pips and lists GBPZAR with five decimal places, the fifth digit in the quote is called a fractional pip or pipette. The fourth digit counts as the pip.

For GBPZAR, one pip on a standard lot is $0.68. Trades come in lots of 100,000 base currency units.

GBPZAR is transacted in lots so as to increase the value of 1 pip & hence also increasing the profit value when trading GBPZAR currency pair.

GBPZAR Pip Value Analysis: Determining Its Worth in USD

The Value per 1 Pip(Point) for GBPZAR Currency Pair for 1 Lot is - $0.68

To compute the value of 1 GBPZAR Pip, you must consider the traded position size. The position size varies depending on the lot type chosen to initiate a GBP/ZAR trade. There are three types of GBP/ZAR lots:

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


    • How To Count Pips on GBPZAR - How To Calculate Pips For GBPZAR

    When engaging in GBP/ZAR trading with a single standard lot, the value of one Pip in GBPZAR equates to $0.68 USD.

    Trading GBP ZAR with 1 mini lot means that each Pip movement in GBP ZAR is valued at $0.068.

    When executing a trade on GBPZAR using 1 micro lot, the value of a single Pip for GBP/ZAR is calculated to be $0.0068 USD.

    GBPZAR Pip Value Calculation: Examples Explaining How to Determine GBPZAR Pips - GBP ZAR Pip Calculator

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