Currency & Forex Tools

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About Currency & Forex calculators

Whether you are travelling, trading or sending money abroad, currency maths matters. These calculators convert currencies and work out forex profit, pip value and margin for traders.

Use the converter for quick exchange-rate maths, and the forex profit, pip and margin tools to size positions and measure trades precisely. For active trading, knowing pip value and required margin before you enter a position is essential risk management, not an afterthought.

Currency & Forex calculators: frequently asked questions

How is a pip value calculated?

A pip is the smallest standard price move in a currency pair, and its value depends on the pair, the trade size and your account currency. The pip calculator works out exactly what one pip is worth for your position so you can size risk correctly.

What is margin in forex trading?

Margin is the deposit your broker requires to open a leveraged position, expressed as a fraction of the full trade size. Higher leverage means less margin but more risk. The forex margin calculator shows the margin needed for a given trade.

How do exchange rates affect conversions?

The rate sets how much of one currency you get for another, and it moves constantly, while providers often add a margin or fee on top. The currency converter gives the raw conversion so you can spot how much a provider is charging.

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