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USD/JPY Pip Value Calculator (2026)

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

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

157.65loading live price…

Lot Size

Spread

pips

Target $/pip (reverse)

USD/pip

Pip Value (USD)

$6.34

per 1-pip move

Pip size

0.01

Units

100,000 USD

$/pip per lot

$6.34

Spread Cost

−$7.61

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/JPY

Lots	Type	Units	$/pip
0.01	Micro	1,000 USD	$0.06
0.10	Mini	10,000 USD	$0.63
0.50	½ Std	50,000 USD	$3.17
1.00← current	Std	100,000 USD	$6.34

Click any row to select that lot size

USD/JPY — Typical Daily Range

Moderate

ATR (20-day)

~80 pips

≈ $507.45 at 1.00 lots

Day Trade SL

20–32 pips

25–40% of ATR

Swing SL

40–60 pips

50–75% of ATR

Spikes sharply on risk-off sentiment. Indicative 20-day ATR — volatility rises sharply during NFP, CPI and central bank events.

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

Broker Type	Spread	Round-trip Cost	vs ECN
ECN / Raw Best overall for active traders	0.1 pip + $3.50/lot/side	−$7.76	✓ cheapest
STP / Zero Comm Good for low-frequency traders	1.3 pip	−$8.37	+$0.61
Market Maker Convenient, wider spread	2.0 pip	−$12.94	+$5.18
High-cost MM Avoid for frequent trading	3.0 pip	−$19.03	+$11.27

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/JPY at a glance

Pip Size

0.01

Pip Value (1 lot)

$6.34

Avg Spread

0.3–1.5 pips

Active Session

Tokyo, 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/JPY): 1 lot: 0.01 × 100,000 ÷ 157.65 (JPY→USD) = $6.34 per pip

About USD/JPY — US Dollar / Japanese Yen

USD/JPY is the second most traded forex pair, heavily influenced by Bank of Japan intervention policy, US Treasury yields, and risk sentiment. JPY is a traditional safe-haven currency — it tends to strengthen during market stress. Pip value per standard lot is 1,000 ÷ the USD/JPY rate — about $6.34 at 157.70, so it moves with the rate (the calculator uses the live one).

Other Calculators for USD/JPY

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

Pip Value Calculator for Other Pairs

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