USDDKK Pip Value Calculator

Knowing what one pip of USDDKK is actually worth, before you size a trade, is what this calculator answers — using USDDKK's own real contract size and point value rather than a flat forex assumption.

How do I calculate pip value for USDDKK?

At USDDKK's stored contract size (100,000 units per lot), here's what one pip of movement is worth at three common lot sizes.

Say a trader opens 0.50 lots of USDDKK, with a stop loss 266 pips away and a take profit 532 pips away.

Why does pip value change between instruments?

Pip value depends on the pair's quote currency and the current exchange rate, not just the pip size. USDDKK is worth $1.50 per pip per lot right now — a different pair, or the same pair at a different exchange rate, would give a different dollar figure even with an identical pip count.

Why is pip calculation different for non-standard-decimal instruments like this one?

Most forex majors use a 4-decimal pip convention, but plenty of instruments don't: JPY pairs use 2 decimals, and USDDKK uses its own quoting convention (one pip here equals a raw price move of 0.0001). This calculator uses USDDKK's own real pip/point size rather than assuming the generic 4-decimal convention, which would silently miscount the move.

Conclusion

This only holds if 100,000 units per lot is actually your own broker's real contract size for USDDKK — it's a figure that varies by broker, especially outside plain forex majors. Always confirm your own platform's USDDKK specification (Market Watch, then Specification) before trusting a pip/point value for a real trade. See the difference between points and pips, Wikipedia's entry on percentage in point (pip) for the underlying concept, and real MT4 screenshots comparing pip value across different lot sizes.

Contract specification

Frequently asked questions