Trade Forex Trading

NZDJPY Pip Value Forex Calculator - How to Calculate NZDJPY Pips

NZDJPY Pips Value Calculation - Pips NZDJPY Pair

What's NZD/JPY Pip Value? - NZDJPY Pip Calculation

The Value of 1 Pip for NZDJPY Currency Pair for 1 Lot is - $9.22


Pip Value NZDJPY Calculation - NZDJPY Pip Value and NZDJPY Lots

NZD JPY Pip Value Calculator for NZDJPY Currency Pair Explanation

When calculating the pip value for NZDJPY a trader will need to know the position size of NZDJPY trade that they are opening. When opening a trade in NZDJPY there are three lot sizes that traders can use to open NZDJPY Trades.

The three lot sizes that traders will use when opening NZDJPY trades are:

  1. NZDJPY Standard Lot - Equivalent to 100, 000 Units of the Currency
  2. NZD JPY Mini Lot - Which is Equivalent to 10, 000 Units of the Currency
  3. NZD/JPY Micro Lot - Equal to 1, 000 Units of the Currency


When trading the NZDJPY pair, it's done in batches called lots. One standard lot of NZDJPY is 100,000 currency units.

Why trade NZDJPY Pair in Such big Lots?

NZDJPY currency pairs is traded in such large lots so as to increase the value of 1 pip when trading the NZD/JPY currency pair. When the pip value for NZD JPY is increased the profit value per pip will also be increased. Therefore NZDJPY is traded in such big lots so as to increase profit value per 1 pip.

Count NZDJPY Pips with Lot Size - Pips Tool for NZDJPY.

  1. When NZD/JPY is traded using 1 standard lot the value of a pip will be equivalent to $9.22
  2. When NZD/JPY currency pair is traded using 1 mini lot the value of a pip will be equivalent to $0.922
  3. When NZDJPY pair is traded using 1 micro lot the value of a pip will be equivalent to $0.0922 dollars


Calculating Pip Value for NZDJPY Forex - Methodology for Determining Pips in NZDJPY Currency Pairs

Get More Lessons and Tutorials and Courses:

Forex Broker