# Difference between Pips and Points

- Pips & points:

A point is a unit of decimal, the fourth place to the right of the decimal (0.0001) whereas a pip is the fifth place to the right (0.0001).

One point is one ten thousandth of a dollar thus, 100 points become one cent. Which decimal place is implied by a point varies from currency to currency.

https://www.capitalbudgetingtechniques.com/difference-between-pips-and-points/Difference between Pips and PointsInternational TradePips & points: A point is a unit of decimal, the fourth place to the right of the decimal (0.0001) whereas a pip is the fifth place to the right (0.0001). One point is one ten thousandth of a dollar thus, 100 points become one cent. Which decimal place is implied by a...castel 07castel@gmail.comAdministratorCapital Budgeting Techniques
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