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GBP/NZD Pip Value Calculator

A pip on GBP/NZD is 0.0001 of the quote price. What that is worth in cash depends on your lot size and account currency. One standard lot is 10 NZD per pip — set your lot size below to get the exact value for British Pound/New Zealand Dollar.

1 standard lot · 100,00010 NZD
1 mini lot · 10,0001 NZD
1 micro lot · 1,0000.1 NZD

Value of one pip, in the quote currency (NZD). Pip size on GBP/NZD = 0.0001.

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Formula: Units = Lots × Contract size; Pip value = Pip size × Units × Exchange rate. Results are an aid, not financial advice.

Know your pip value – now size the trade.Turn the cash value of a GBP/NZD pip into the exact lot size your risk budget allows.
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About the GBP/NZD pair

  • TypeCross
  • Base / quoteBritish Pound / New Zealand Dollar
  • Pip size0.0001
  • Typical spread3.0–6.0 pips
  • Most activeLondon & Sydney overlap

Among the widest-ranging majors-crosses; thin NZD liquidity plus pound volatility means big pips and big spreads.

How pip value works on GBP/NZD

One pip on GBP/NZD is a price move of 0.0001. Its cash value is not fixed – it scales with how many units of British Pound you trade. Multiply your lot size by the contract size to get units (a standard lot is 100,000), then multiply the pip size by those units to get the pip value in the quote currency, NZD. If your account is held in NZD that figure is final; otherwise convert it at the NZD→account rate.

Worked example

Trading one standard lot of GBP/NZD (100,000 units) makes a single pip worth 10 NZD; ten pips are 100 NZD. A mini lot (10,000 units) is 1 NZD per pip and a micro lot (1,000 units) is 0.1 NZD. For an account in another currency, multiply by the NZD→account exchange rate (the calculator does this for you).

Frequently asked questions

What is the pip value of GBP/NZD?
On GBP/NZD one pip is 0.0001. One standard lot is worth 10 NZD per pip, a mini lot 1 NZD and a micro lot 0.1 NZD.
How do I convert the GBP/NZD pip value to my account currency?
If your account currency is NZD, no conversion is needed. Otherwise multiply the quote-currency pip value by the rate that turns one unit of NZD into your account currency – enter that rate in the calculator above and it does the conversion.
Is GBP/NZD a major or a cross pair?
GBP/NZD is classed as a Cross pair (British Pound against New Zealand Dollar). Typical spreads run around 3.0–6.0 pips and it is most active during the London & Sydney overlap.

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Jarosław Wasiński

Jarosław Wasiński

Editor-in-chief, ForexMechanics.com • Macro & FX analyst

Independent analyst and practitioner with over 20 years of experience in financial markets. Actively involved in Forex since 2007, with a focus on fundamental analysis, OTC market structure, and disciplined capital risk management.

  • Creator and editor-in-chief of MyBank.pl, providing reliable financial education since 2004.
  • Author of hundreds of in-depth market commentaries, structural analyses, and educational materials for traders and investors.
  • Advocate for market transparency, promoting education grounded in hard data and institutional reports (BIS, ESMA, CFTC).

All content is educational and informational only – it does not constitute investment advice or a recommendation. Remember: leveraged trading (Forex/CFD) carries a high risk of rapid capital loss.