USD/PKR
- Contract size
- 100 000
- Pip size
- 0.01
- Quoted in
- PKR
Value of one pip by volume
| Volume | Units | Value per pip |
|---|---|---|
| 0.01 | 1 000 | 10.00 PKR |
| 0.05 | 5 000 | 50.00 PKR |
| 0.10 | 10 000 | 100.00 PKR |
| 0.50 | 50 000 | 500.00 PKR |
| 1.00 | 100 000 | 1 000.00 PKR |
| 2.00 | 200 000 | 2 000.00 PKR |
| 5.00 | 500 000 | 5 000.00 PKR |
| 10.00 | 1 000 000 | 10 000.00 PKR |
What USDPKR is and how it trades
USDPKR is a currency pair: the US dollar quoted in Pakistani rupees. The instrument is listed as USD/PKR (USDPKR), and its price is expressed in PKR. A quote shows how many Pakistani rupees are being asked or offered for one US dollar.
The contract size is 100,000 units of the base asset per lot. That means one standard lot represents 100,000 US dollars, with the result of any price movement calculated in Pakistani rupees and then converted into the account currency.
Two companion pages: Position size · USD/PKR and Value per pip · USD/PKR.
How the price moves
The price is quoted with three digits after the decimal point. The minimum price step, or pip, is 0.01. That is a small movement in rupee terms, but because the contract size is 100,000 units, even a fraction of a rupee in the exchange rate changes the rupee value of a position noticeably.
There are no live prices on this page. The rate changes throughout the trading day, and any figure shown here would become stale quickly. Before placing an order, check the current quote on the trading platform itself.
How the result of a trade is counted
The calculation follows a fixed formula. The price movement in pips is multiplied by the value of one pip. The pip value is 0.01 × 100,000 in the quote currency, which is PKR, per lot. The resulting amount is then converted into the account currency.
The page calculator performs this arithmetic with checked code. The text here explains the logic, but it does not substitute for the calculator. If you want to know the rupee value of a given move for a given position size, enter the numbers in the calculator rather than working them out by hand.
These figures assume a live account. If you plan to place the trade, check the spread and the overnight cost your broker actually charges here first.
Open an accountRisks specific to a PKR-quoted pair
A currency pair quoted in PKR carries the usual exchange-rate risk of any FX instrument, plus the particular volatility of the rupee. A move that looks small in pips can translate into a large rupee amount because of the 100,000-unit contract size.
The pip value is in PKR, so if your account is denominated in another currency, the final result also depends on the exchange rate used for conversion. That adds a second layer of currency exposure on top of the pair itself.
This page is not investment advice, and nothing here promises a particular return. The outcome of a trade depends on the price movement and on the size of the position, both of which are outside the control of any broker or platform.
Common questions about USDPKR
What does a quote in USDPKR mean?
A USDPKR quote is the price of one US dollar expressed in Pakistani rupees. The instrument is a currency pair quoted in PKR, with the price shown to three decimal places.
What is the minimum price change?
The minimum price step is 0.01, which is one pip. The quote uses three digits after the decimal point, so a change in the last digit is a fraction of a pip.
How much is one lot worth?
One lot is 100,000 units of the base asset, which is the US dollar. The monetary value of any price move depends on how many pips the rate moves and on the pip value in PKR.
How do I calculate my profit or loss?
Multiply the price movement in pips by the pip value of 0.01 × 100,000 in PKR per lot, then convert the result into your account currency. Use the page calculator for the actual numbers.
Is the rupee value of a pip fixed?
The pip value is defined as 0.01 × 100,000 in PKR per lot. The amount in your account currency, however, depends on the conversion rate at the time the result is booked.