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How to Count SGDHKD Pips Value - SGDHKD Pip Calculator

SGDHKD Pips Value Calculator for SGDHKD Currency Pair Explained

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

The trading pair SGDHKD employs a four-decimal quote structure, where the final decimal point represents one pip.

If your broker uses fractional pips and shows the SGDHKD currency with five numbers after the dot, the last number is a fractional pip or pipette, but the fourth number is the PIP.

The Value of a Pip for SGDHKD when using 1 standard lot is $1.28 - When trading SGD/HKD, SGDHKD is transacted in lots (batches). 1 lot of SGD/HKD is equivalent to 100, 000 units of currency.

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

SGDHKD Pip Value Details: A Quick Overview of Its USD Equivalent

For SGDHKD Pair, One Pip on a Standard Forex Lot Equals $1.28

To calculate value of 1 SGDHKD Pip, You'll use the position size traded/transacted. The position size is determined by lot type used to open the SGD HKD trade, the 3 types of SGD/HKD 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 SGDHKD - How To Calculate Pips For SGDHKD

One standard lot in SGD/HKD makes each pip $1.28.

When trading the SGD HKD currency pair using one standard mini lot, an alteration of one Pip corresponds to a value of $0.128.

When trading SGDHKD using 1 micro lot, 1 SGD/HKD Pip is equal to $0.0128 dollars

SGDHKD Pip Value Calculator: How to Calculate SGDHKD Pips Examples Explained - SGD HKD Pips Calculator

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