What is fractional pip? Back to list

Member SinceJul 08, 2021

Posts 713

Kihn

Oct 27, 2022 a 12:32
It refers to an additional decimal place in the exchange rate. In the case of non-JPY pairs, we have 1.23456 rather than 1.2345, while in JPY pairs, we have 123.456 rather than 123.45. The last decimal place in such pricing is referred to as a pip fraction or tenth pip.

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