MPX Tools

USDJPY Pip Value, Position Size & Margin Calculator

This page converts a USDJPY price move into a dollar figure for the lot size you enter, and works out the position size, margin, and overnight swap cost that go with it. Use it to check your numbers before you place a trade, not to guess what the trade will do.

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Calculator

Enter your numbers above.

What a move is worth on USDJPY

Lot size 1 pip10 pips30 pips50 pips100 pips500 pips
Standard · 1.0 $6.40$64.01$192.03$320.04$640.09$3,200.43
Mini · 0.1 $0.64$6.40$19.20$32.00$64.01$320.04
Micro · 0.01 $0.06$0.64$1.92$3.20$6.40$32.00

Value in USD per position at the current rate — counts are in pips. Change your lot size or stop distance in the calculator above to match a real trade.

One pip on USDJPY works out as 0.01 × 100,000 USD, divided by the JPY/USD rate. The table just multiplies that by your lot size and pip count.

How to use it

  1. Enter your account currency and the lot size (standard, mini, or micro) you plan to trade.
  2. Enter the number of pips you want to check, or your stop-loss distance in pips.
  3. The calculator returns the pip value in dollars, the margin required at your leverage, and the swap cost for holding overnight.
  4. Adjust the lot size to match your risk per trade rather than the other way around.

USDJPY contract specification

SymbolUSDJPY
Asset classMajor currency pair
1 pip0.01
Contract size (1 standard lot)100,000 USD
Quote currencyJPY
Pip value — Standard lot (1.0)$6.40086
Pip value — Mini lot (0.1)$0.640086
Pip value — Micro lot (0.01)$0.064009
Swap (long, per lot per night)2.11 points = $1.35
Swap (short, per lot per night)-29.59 points = -$18.94
Swap data sourceXM MT5, 2026-09-05
Points per pip10

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 USDJPY

Spread and swap differ by broker, which changes what a position actually costs you.

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Questions

How much is 1 pip in USDJPY?
One pip on USDJPY is worth $6.40086 per standard lot, $0.640086 per mini lot, and $0.064009 per micro lot. Enter your own lot size in the calculator above to get the exact figure for your position.
What is the pip value for a 0.01 lot on USDJPY?
A 0.01 lot is a micro lot, worth $0.064009 per pip on USDJPY. This scales directly with lot size, so a 0.1 lot pays $0.640086 per pip.
How do I calculate USDJPY position size?
Position size depends on how much you're willing to risk, your stop-loss distance in pips, and the pip value at a given lot size. Enter your risk amount and stop distance into the calculator and it works out the lot size that matches, rather than you picking a lot size first and hoping it fits.
How much margin does USDJPY require?
Margin is a function of contract size (100,000 USD per standard lot), the current price, and your broker's leverage, so it varies by account. Use the margin calculator above with your own leverage setting to see the requirement, and confirm the figure against your broker's contract specification.
What are the current USDJPY swap rates?
XM MT5, 2026-09-05 shows a long swap of 2.11 points ($1.35 per standard lot per night) and a short swap of -29.59 points (-$18.94). Swap is set by each broker and changes daily, so check your own broker's contract spec for the number that applies to your account.
Can this calculator show my USDJPY profit?
It multiplies a pip move you enter by your position size to show what that move is worth in dollars. It does not estimate or predict whether the market will actually move that far.

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