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The value of a pip depends on the currency pair, the exchange rate, and the size of the trade position (usually measured in lots). [5] If the U.S. dollar is the quote currency (the second of the pair), such as with the EUR/USD pair, the pip is fixed at .0001. In this case, the value of one pip is calculated by multiplying the lot size by 0.0001.
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. The currency that is used as the reference is called the counter currency , quote currency, or currency [ 1 ] and the currency that is quoted in relation is called the base currency or transaction currency.
Stg – Sterling, the currency of the United Kingdom; STP – Situation Target Proposal or Situation Target Path [15] SUA – Start Up Agreement; SWM – Strategic Wealth Management; SWIP – Systematic Withdrawal from Investment Plan; SWOT – Strengths, Weaknesses, Opportunities, Threats
Pip, in the film The Halloween Tree; Pip, a persona featured on the Tori Amos album American Doll Posse; Pips, a fictional fairy in the animated film FernGully: The Last Rainforest and its sequel; Pip, an animated chipmunk in the Disney live-action/animated film Enchanted; Pip, an otter in the television series Bear in the Big Blue House
The remaining ten cards are called pip cards and are numbered from one to ten. (The "one" is almost always changed to "ace" and often is the highest card in many games, followed by the face cards.) Each pip card consists of an encoding in the top left-hand corner (and, because the card is also inverted upon itself, the lower right-hand corner ...
pip. A numeral. A suit symbol (e.g. ♠, ♥, ♦, ♣ or , , , ) on a card. A card point in point-trick games. Not necessarily the same as the actual number of pips (symbols) on a pip card. Court cards also have a pip value. [87] pip card See numeral. pip value The numerical, index or face value of a card. [88] pitch
PIP offers immediate payment for covered medical and other expenses as a result of a car accident. PIP insurance is required in Delaware at a minimum of $15,000 per person and $30,000 per accident ...
The first currency (XXX) is the base currency that is quoted relative to the second currency (YYY), called the counter currency (or quote currency). For instance, the quotation EURUSD (EUR/USD) 1.5465 is the price of the Euro expressed in US dollars, meaning 1 euro = 1.5465 dollars. The market convention is to quote most exchange rates against ...