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Point value calculation formula and example
    
        
            

Description Currency Description:


            

The currency behind the currency pair is the denomination currency. For example, CHF in USD/CHF is the denomination currency.


            

Point description:


            

Conventional currency pair, the fourth digit after the decimal point is the base point (0.0001), for example: EUR/USD 1.10669 Japanese currency pair, the second decimal place is the base point (0.01), for example: USD/JPY 120.664
Spot gold, the first place after the decimal point is the base point (0.1), for example: XAU/USD 1138.13
Spot silver, the second place after the decimal point is the base point (0.01), for example: XAG/USD 15.299
In short, in the NAVIFX five-digit quotation system, the penultimate is the base point.


                        

Point value calculation formula:


            

Point Value = Contract Size * Tick Size * Quote Currency Rate (
            

Examples are as follows:


            

1. Take USD/CHF as an example:

            

            Assuming the current exchange rate of USD/CHF is 0.95268, the customer will trade one standard hand per transaction. The point value is: USD/CHF point value = 100000*0.0001*(1/0.95268) = $10.496


2. Take GBP/JPY as an example:

            

            Assuming the current exchange rate of GBP/JPY is 184.092 and the current exchange rate of USD/JPY is 119.289, the customer will trade a standard lot per transaction. The point value is: GBP/JPY point value = 100,000 * 0.01 * (1/119.289) = $8.383


3. Take GBP/NZD as an example:

            

            Assuming the current exchange rate of GBP/NZD is 2.27219, the current exchange rate of NZD/USD is 0.67925, then the customer has one standard hand per transaction, the point value is: GBP/NZD point value = 100,000 * 0.0001 * 0.67925 = $6.7925


4. Take AUD/CHF as an example:

            

            Assuming that the current exchange rate of AUD/CHF is 0.69072, and the current exchange rate of USD/CHF is 0.95268, the customer will trade one standard hand per transaction, and the point value is: AUD/CHF point value = 100,000 * 0.0001 * (1/0.95268) = $10.496


5. Take EUR/AUD as an example:

            

            Assuming the current exchange rate of EUR/AUD is 1.56823 and the current exchange rate of AUD/USD is 0.72511, the customer will trade a standard lot per transaction. The point value is: EUR/AUD point value = 100,000 * 0.0001 * 0.72511 = $7.2511


6. Take USD/CAD as an example:

            

            Assuming the current exchange rate of USD/CAD is 1.29256, the customer will trade one standard hand per transaction. The point value is: USD/CAD point value = 100,000 * 0.0001 * (1/1.29256) = $7.736


7. Take USD/TRY as an example:

            

            Assuming the current exchange rate of USD/TRY is 2.89330, the customer will trade a standard lot per transaction. The point value is: USD/TRY point value = 100,000 * 0.0001 * (1/2.89330) = $3.456


8. Take EUR/SEK as an example:

            

            Assuming the current exchange rate of EUR/SEK is 9.35928 and the current exchange rate of USD/SEK is 8.23098, the customer will trade a standard lot per transaction. The point value is: EUR/SEK point value = 100,000 * 0.0001 * (1/8.23098) = $1.214


9. Take USD/CNH as an example:

            

            Assuming the current exchange rate of USD/CNH is 6.36370, the customer has one standard lot per transaction, and the point value is: USD/CNH point value = 100,000 * 0.0001 * (1/6.36370) = $1.571


10. Take D30EUR as an example:

            

            Assuming the current quote for D30EUR is 10121.0, the current exchange rate for EUR/USD is 1.13719, and the customer has one standard lot per trade. The point value is: D30EUR point value = 100,000 * 0.0001 * 1.13719 = $11.3719