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NZDSGD Pip Value Calculation Guide: All You Need to Know

What is NZD/SGD Pip Value? - NZDSGD Pip Calculation

The Monetary Value of One Pip for the NZDSGD Currency Pair when Trading 1 Standard Forex Lot Amounts to $7.35.


Calculating the Pip Value for NZDSGD - NZDSGD Pip Value and Associated Lot Size Calculation

To determine the pip value for NZDSGD, a trader must know the position size for their NZDSGD trade. When establishing a trade in NZDSGD, there are also three lot sizes available.

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

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


In NZD/SGD, trades happen in lots or batches. One standard lot equals 100,000 units of the base currency.

Why trade NZDSGD Pair in Such big Lots?

NZDSGD currency pairs are traded in substantial lots to enhance the value of one pip in the NZD/SGD pair. When the pip value for NZD SGD increases, the profit earned per pip also rises. Thus, trading NZDSGD in large lots helps augment the profit value for each pip.

Calculate NZDSGD Pips with Lot Size - NZDSGD Position Size Pip Tool

  1. When NZDSGD is traded using 1 standard lot the value of a pip will be equivalent to $7.35 dollars
  2. When NZD SGD currency pair is traded using 1 mini lot the value of a pip will be equivalent to $0.735
  3. When NZD/SGD pair is traded using 1 micro lot the value of a pip will be equivalent to $0.0735 dollars


Calculating Pip Value for NZD/SGD Forex Pair - Determining Pips in NZD/SGD: Dedicated NZDSGD Pip Calculator

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