USDNOK Position Size, Pip Value & Margin Calculator
This tool converts a USDNOK price move into position size, pip value, required margin, and swap cost in dollars, using the account size and risk you enter. It works for the exotic USDNOK pair, where the quote currency (NOK) means pip value doesn't hold steady the way it does on major pairs, so it's worth checking rather than assuming.
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Calculator
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Enter your numbers above.
How to use it
Enter your account currency, balance, and the percentage or dollar amount you're willing to risk on the trade.
Set your stop-loss distance in pips for USDNOK.
The calculator returns the position size in lots and USD, along with pip value and margin required.
Adjust lot size manually to see how pip value and swap change per pip of movement.
USDNOK contract specification
Symbol
USDNOK
Asset class
Exotic currency pair
1 pip
0.0001
Contract size (1 standard lot)
100,000 USD
Quote currency
NOK
Pip value — Standard lot (1.0)
$1.050369
Pip value — Mini lot (0.1)
$0.105037
Pip value — Micro lot (0.01)
$0.010504
Swap (long, per lot per night)
-83.47 points = -$8.77
Swap (short, per lot per night)
-63.37 points = -$6.66
Swap data source
XM MT5, 2026-08-04
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 USDNOK
Spread and swap differ by broker, which changes what a position actually costs you.
One pip on USDNOK is worth $1.050369 per standard lot, $0.105037 per mini lot, and $0.010504 per micro lot, already converted to US dollars. The price increment itself is 0.0001, since USDNOK is quoted in NOK.
What is the pip value for a 0.01 lot USDNOK position?
A 0.01 lot (micro lot) moves $0.010504 per pip on USDNOK. Multiply that by the number of pips the price moves to get the dollar change for that size.
How do I calculate USDNOK position size?
Decide how much you're risking in dollars, divide that by your stop-loss distance in pips, then divide again by the pip value per lot shown above. The calculator on this page does that math for you once you enter account size, risk, and stop distance.
How is margin calculated for USDNOK?
Margin is based on the position's notional value, which comes from 100,000 USD per standard lot at the current USDNOK price, divided by your broker's leverage. Enter your lot size and leverage in the calculator to see the dollar margin required.
Can this calculator show my USDNOK profit or loss?
It multiplies your position size by the number of pips the price moves, giving you the dollar value of that move -- it does not predict where the price will go. Enter the pip move you want to test to see what it's worth at your lot size.
What are the swap rates for USDNOK?
XM MT5, 2026-08-04 shows a long swap of -83.47 points and a short swap of -63.37 points per standard lot per night, equal to -$8.77 and -$6.66 respectively. Swap rates change daily and vary by broker, so check your own broker's contract spec before holding a position overnight.