USDCHF Pip Value Calculator
Forex
Knowing what one pip of USDCHF is actually worth, before you size a trade, is what this calculator answers — using USDCHF's own real contract size and point value rather than a flat forex assumption.
How do I calculate pip value for USDCHF?
At USDCHF'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 1.00 lot of USDCHF, with a stop loss 33 pips away and a take profit 66 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. USDCHF is worth $12.00 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 USDCHF uses its own quoting convention (one pip here equals a raw price move of 0.0001). This calculator uses USDCHF's own real pip/point size rather than assuming the generic 4-decimal convention, which would silently miscount the move.
What one pip means on USDCHF
The pip is worth Swiss francs, so the dollar value of a pip changes with the USD/CHF rate itself and is higher than $10 per standard lot when the franc is stronger than the dollar.
On this site one pip for USDCHF is 0.0001 in price. If USDCHF rose from 0.8300 to 0.8330, the move is 0.0030 ÷ 0.0001 = 30 pips.
How the value per pip is calculated
For one lot: 0.0001 × 100,000 = 10 CHF per pip for 1 lot; assuming USDCHF = 0.8300 (1 CHF = 1 ÷ 0.8300 = $1.204819), that is $12.05. Everything below uses $12.05 per pip for 1.00 lot.
USDCHF value per pip at common lot sizes
- 1.00 lot: 1.00 × $12.05 = $12.05 per pip.
- 0.10 lots: 0.10 × $12.05 = $1.21 per pip.
- 0.01 lots: 0.01 × $12.05 = $0.1205 per pip.
- 5.00 lots: 5.00 × $12.05 = $60.25 per pip.
Value per pip grows in direct proportion to lot size, so doubling the lots doubles both the gain and the loss for every pip price moves.
Worked example: what a stop costs on 0.30 lots of USDCHF
- Entry 0.8300, stop 0.8270: the distance is 30 pips.
- Value per pip on 0.30 lots: 0.30 × $12.05 = $3.62.
- Money at risk if the stop is hit: 30 × 0.30 × $12.05 = $108.45.
- Spread of 2 pips (an invented figure for this example): 2 × 0.30 × $12.05 = $7.23, which is 6.7% of the stop distance.
Spreads are moderate; they are rarely as tight as EUR/USD. On a 30 pip stop the spread above takes 6.7% of the room before price moves at all, and on a stop half as wide, 15 pips, it would take 13.3%.
Risk at other stop distances on 0.10 lots
- 15 pips: 15 × 0.10 × $12.05 = $18.08.
- 30 pips: 30 × 0.10 × $12.05 = $36.15.
- 60 pips: 60 × 0.10 × $12.05 = $72.30.
- 120 pips: 120 × 0.10 × $12.05 = $144.60.
Each doubling of the stop doubles the money at risk on the same lot size, which is why a wider stop needs a smaller position to keep the risk the same.
Working backwards: how far can the stop be?
Sometimes the lot size is fixed and the question is how wide the stop may be. Say you hold 0.10 lots of USDCHF and will risk $100.
- Value per pip on 0.10 lots: 0.10 × $12.05 = $1.21.
- Stop distance: $100 ÷ $1.21 = 83.0, rounded down to 82 pips.
- Check: 82 × 0.10 × $12.05 = $98.81, inside the $100 budget.
- In price terms, 82 × 0.0001 = 0.0082, so a buy at 0.8300 would have its stop at 0.8218.
If that stop is too tight for how USDCHF actually moves, the answer is fewer lots, not a stop that sits inside the normal noise. The USDCHF lot size calculator does that step for you.
Does the value per pip change?
Yes, because USDCHF is quoted in CHF. The value per pip is converted to US dollars at the going rate, so it moves with that rate. Suppose CHF loses 5% against the dollar: one CHF falls from $1.204819 to $1.204819 × 0.95 = $1.144578, and the value per pip for 1 lot becomes 10 × $1.144578 = $11.45 instead of $12.05. Re-check the value when the rate has moved a lot, especially before sizing a long-held position.
Verify the USDCHF pip value with your broker
The contract size of 100,000 and the pip size of 0.0001 are reference values. Brokers can define a point or pip differently and quote an extra decimal, so compare $12.05 per pip with the tick value in your platform's contract specification. For background on the instrument, see the Swiss franc on Wikipedia.
Where to find the USDCHF value in your platform
- Open the contract specification for USDCHF (in MetaTrader, right-click the symbol in Market Watch and choose Specification).
- Check the contract size: this page assumes 100,000.
- Check the tick size and tick value, then scale to one pip of 0.0001 if they differ.
- Compare the result with $12.05 per pip per lot; a gap of more than a few percent usually means a different contract size or a different conversion rate.
More tools for USDCHF
- Turn a risk amount and a stop distance into a lot size with the USDCHF lot size calculator.
- See how much margin that position ties up with the USDCHF margin calculator.
- Work out the result of a finished trade with the USDCHF profit and loss calculator.
- Compare risk and reward before entering with the USDCHF risk reward ratio calculator.
- Mark support and resistance from yesterday's range with the USDCHF pivot points calculator.
- Compare a similar instrument: EURCHF pip value calculator.
- Compare a similar instrument: EURUSD pip value calculator.
Conclusion
This only holds if 100,000 units per lot is actually your own broker's real contract size for USDCHF — it's a figure that varies by broker, especially outside plain forex majors. Always confirm your own platform's USDCHF 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
Point value and minimum lot step vary by broker on index/CFD instruments — a mismatch here is a common, avoidable cause of an unexpectedly large loss. Confirm this instrument's contract specification in your platform before sizing a real trade.
Frequently asked questions
What is a pipette?
A pipette (fractional pip) is one-tenth of a pip — the fifth decimal place for most forex pairs, or the third decimal for JPY pairs.
How much is one pip worth on USDCHF?
For 1.00 lot with a contract size of 100,000, one pip is worth $12.05. For 0.10 lots it is $1.21 and for 0.01 lots $0.1205.
How many pips is a move of 0.0030 on USDCHF?
Divide the price move by the pip size: 0.0030 ÷ 0.0001 = 30 pips. On 1.00 lot that move is worth 30 × $12.05 = $361.50.
Does the USDCHF pip value change with the price?
It changes with the CHF exchange rate, not with the USDCHF price itself. A 5% fall in CHF against the dollar would cut the value from $12.05 to $11.45 per lot.
Does leverage change the value per pip on USDCHF?
No. Value per pip depends on lots, contract size and the conversion rate. Leverage only changes the margin needed to hold the position, and the position size should come from your risk and stop distance.