This page works out what a pip move in EURNZD is worth in dollars, and how large a position you can take for a given account size and risk limit. It covers a cross currency pair, so pip value and margin depend on the current EURNZD rate rather than a fixed dollar figure.
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Calculator
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Enter your numbers above.
How to use it
Enter your account currency and balance.
Set the percentage or dollar amount you are willing to risk on the trade.
Enter your stop-loss distance in pips.
The calculator returns the lot size, pip value, and margin required for that position.
EURNZD contract specification
Symbol
EURNZD
Asset class
Cross currency pair
1 pip
0.0001
Contract size (1 standard lot)
100,000 EUR
Quote currency
NZD
Pip value — Standard lot (1.0)
$5.864401
Pip value — Mini lot (0.1)
$0.586440
Pip value — Micro lot (0.01)
$0.058644
Swap (long, per lot per night)
-11.56 points = -$6.78
Swap (short, per lot per night)
-6.26 points = -$3.67
Swap data source
XM MT5, 2026-07-31
Points per pip
10
Pip values for non-USD-quoted instruments are recalculated at the live FX rate when this page loads — the line next to the calculator shows which rate is in use, and falls back to the rate recorded at build time if that lookup fails. Swap is one broker's snapshot taken on the date in the table above; it changes daily and differs by broker, so check your own contract spec for the figure that applies to you.
Trading EURNZD
Spread and swap differ by broker, which changes what a position actually costs you.
One pip equals 0.0001 in price terms; in dollar terms it is $5.864401 per standard lot, $0.586440 per mini lot, and $0.058644 per micro lot. The exact dollar figure moves with the EURNZD exchange rate since NZD is not the US dollar.
What is the pip value for a 0.01 lot EURNZD position?
A 0.01 lot is a micro lot, worth $0.058644 per pip. Multiply this by your stop or target distance in pips to get the dollar amount at stake.
How do I calculate position size for EURNZD?
Decide your dollar risk, divide it by your stop-loss distance in pips, then divide again by the pip value per lot to get the lot size. The calculator on this page does this in one step once you enter balance, risk percentage, and stop distance.
How much margin does EURNZD require?
Margin depends on your broker's leverage for this cross currency pair and the current EURNZD price, applied to a contract size of 100,000 EUR per standard lot. Enter your leverage into the calculator to see the dollar margin for any lot size.
What are the swap rates for EURNZD?
XM MT5, 2026-07-31 shows a long swap of -11.56 points and a short swap of -6.26 points per standard lot per night, equal to -$6.78 and -$3.67 respectively. Swap rates change daily and vary by broker, so check your own contract spec before holding a position overnight.
Can this calculator tell me what my EURNZD trade will profit?
No. It multiplies a pip move you specify by the pip value for your lot size, so you can see what that move is worth in dollars. It does not predict where the price will go or guarantee any outcome.