Free CalculatorNo login required

USD/CAD Pip Value Calculator (2026)

Calculate the exact USD value of one pip for any lot size. Pre-loaded for US Dollar / Canadian Dollar.

Account CCY:

Prices update from live market feeds, but your broker's quotes, contract sizes and spreads can differ — check them before placing a trade.

Currency Pair

1.4238loading live price…

Lot Size

Spread

pips

Target $/pip (reverse)

USD/pip

Pip Value (USD)

$7.02

per 1-pip move

Pip size

0.0001

Units

100,000 USD

$/pip per lot

$7.02

Spread Cost

−$8.43

per trade (1.2 pip spread × 1.00 lots). Paid once: you buy at the ask and close at the bid — not again on exit.

Pip Value by Lot Size — USD/CAD

Lots	Type	Units	$/pip
0.01	Micro	1,000 USD	$0.07
0.10	Mini	10,000 USD	$0.70
0.50	½ Std	50,000 USD	$3.51
1.00← current	Std	100,000 USD	$7.02

Click any row to select that lot size

USD/CAD — Typical Daily Range

Moderate

ATR (20-day)

~80 pips

≈ $561.80 at 1.00 lots

Day Trade SL

20–32 pips

25–40% of ATR

Swing SL

40–60 pips

50–75% of ATR

Correlated with oil prices. Indicative 20-day ATR — volatility rises sharply during NFP, CPI and central bank events.

Broker Cost Comparison — USD/CAD · 1.00 lots (round-trip)

Broker Type	Spread	Round-trip Cost	vs ECN
ECN / Raw Best overall for active traders	0.2 pip + $3.50/lot/side	−$8.05	✓ cheapest
STP / Zero Comm Good for low-frequency traders	1.7 pip	−$11.59	+$3.53
Market Maker Convenient, wider spread	2.5 pip	−$17.91	+$9.85
High-cost MM Avoid for frequent trading	3.8 pip	−$26.33	+$18.28

Indicative typical spreads. Round-trip cost = spread (paid once) + commission on both sides. Actual rates vary by broker and market conditions.

Pip Value Across All Pairs — 1.00 lots

Sorted by pip value descending. Click any row to select that pair. ECN commission = $3.50/lot.

Formula: pip size × contract size × lots × USD conversion rate

USD/CAD at a glance

Pip Size

0.0001

Pip Value (1 lot)

$7.02

Avg Spread

0.8–2.0 pips

Active Session

New York

Loading live rates…

Balance & risk are remembered on this device ·

Featured

Deriv

4.0

Open Account

Capital at risk · T&Cs apply

Pip Value Calculator Formula

Pip Value = Pip Size × Contract Size × Lots × USD Rate

Example (USD/CAD): 1 lot: 0.0001 × 100,000 ÷ 1.42 (CAD→USD) = $7.02 per pip

About USD/CAD — US Dollar / Canadian Dollar

USD/CAD (Loonie) is closely tied to oil prices because Canada is a major oil exporter — crude price rises tend to strengthen the CAD. The Bank of Canada's interest rate decisions and US employment data are key drivers. USD/CAD is most active during the New York session.

Other Calculators for USD/CAD

USD/CAD Position Size USD/CAD Margin USD/CAD P&L USD/CAD Risk/Reward

Pip Value Calculator for Other Pairs

EUR/USD GBP/USD USD/JPY USD/CHF AUD/USD NZD/USD EUR/JPY GBP/JPY EUR/GBP AUD/JPY EUR/AUD GBP/AUD XAU/USD XAG/USD WTI Oil Brent Oil US30 NAS100 GER40 BTC/USD ETH/USD SOL/USD

Find a broker

Ready to trade USD/CAD?

Compare brokers with the lowest USD/CAD spreads, best execution and reliable regulation.

Best Forex Brokers Lowest Spreads All Calculators