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USD/JPY Pip Calculator

Pre-set for USD/JPY: 100,000 units per lot, 1 pip = 0.01. Works in 23 account currencies, with the math shown.

Contract specs: 1 lot = 100,000 units, 1 pip = 0.01

Standard forex lots are 100,000 units of the base currency. Check the contract specification in your broker's platform (MT4/MT5: right-click the symbol → Specification).

lots

Converts the pip value to USD. Reference price filled in.

Value per pip

$6.31

for 1.00 lots

Per standard lot

$6.31

100,000 units

Per mini lot (0.10)

$0.631

10,000 units

Per micro lot (0.01)

$0.0631

1,000 units

Per nano lot (0.001)

$0.00631

100 units

Show the math
  1. Pip value in JPY (quote currency)0.01 × 100,000 × 1.00 lots = 1,000 JPY
  2. Convert to USD1,000 JPY ÷ 158.450 (USD/JPY) = $6.31

Rates from ECB, gold-api.com, CoinGecko, FX reference 2026-10-14, checked 19:40 UTC. Use your broker's live quote to trade.

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Quick answer

One pip on USD/JPY is 0.01 × 100,000 units = ¥1,000 per standard lot, which is $6.31 for a USD account, $0.6311 per 0.10 lot and $0.0631 per 0.01 lot. For a EUR account it is €5.64 per lot.

USDJPY pip value table

Value of one pip (0.01) by position size and account currency.
LotsUSDEURGBPAUD
0.01$0.0631€0.0564£0.0476$0.0900
0.10$0.6311€0.5637£0.4757$0.9003
1.00$6.31€5.64£4.76$9.00
5.00$31.56€28.19£23.79$45.02

USD/JPY contract specification

Reference values used by the calculators. Rates: ECB, gold-api.com, CoinGecko, FX reference date 2026-10-14; updated hourly.
SpecificationValue
Contract size100,000 units per lot
Pip size0.01
Value per pip, 1 lot (USD)$6.31
Value per pip, 1 lot (EUR)€5.64
Value per pip, 1 lot (GBP)£4.76
Reference price158.450
Exposure of 1 lot (USD)$100,000
Margin for 1 lot at 30:1 (EU/UK retail max)$3,333.33
Margin for 1 lot at 100:1$1,000.00

What to know about USD/JPY

USD/JPY is quoted in yen with a pip of 0.01, so one pip is worth ¥1,000 per standard lot. For a USD account that is ¥1,000 divided by the USD/JPY rate, which is why the pip value moves as the rate moves.

USD/JPY is active in both the Tokyo and New York sessions.

For other instruments, or to switch between them, use the full pip calculator.

Frequently asked questions

How much is one pip worth on USDJPY?

One pip on USD/JPY is a 0.01 price move. With 100,000 units per lot that is $6.31 per standard lot for a USD account, €5.64 for a EUR account and £4.76 for a GBP account.

What lot size should I use on USDJPY?

Size the trade from the amount you are willing to lose and your stop: lots = risk ÷ (stop in pips × pip value per lot). Risking $100 with a 20-pip stop gives 0.79 lots for a USD account.

How much margin do I need for 1 lot of USDJPY?

At a price of 158.450, one lot is $100,000 of exposure. That needs $3,333.33 at 30:1, the maximum leverage for EU and UK retail clients on this asset, or $1,000.00 at 100:1.

Is the pip value the same at every broker?

For currency pairs the contract size is almost always 100,000 units, so the pip value only changes with your account currency and the exchange rate. Check your broker's specification if it offers non-standard lots.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. 74–89% of retail investor accounts lose money when trading CFDs with the brokers listed here. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The tools and information on this page are for education and are not financial advice.

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Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. 74–89% of retail investor accounts lose money when trading CFDs with the brokers listed here. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.