GBPNZD Pip Value — Contract Specs & Lot Sizes
One standard lot of GBPNZD is 100,000 GBP with a pip size of 0.0001. Pip value per standard lot: 10 NZD.
GBPNZD Contract Specifications
| Instrument | GBPNZD — British Pound / New Zealand Dollar |
| Contract Size (1 standard lot) | 100,000 GBP |
| Pip Size | 0.0001 |
| Pip Value (1 lot) | 10 NZD |
| USD Equivalent | ≈ $6.00 (varies with NZD/USD rate) |
| Minimum Lot | 0.01 |
| Maximum Lot | 100+ (broker-dependent) |
| Typical Spread | 1.0–4.0 pips raw / 3.0–6.0 pips standard |
| Trading Hours | 24/5, Sunday 21:00 – Friday 22:00 GMT |
| Platform Aliases | GBP/NZD |
GBPNZD Pip Value by Lot Size
| Lot Size | Pip Value |
|---|---|
| 0.01 lot | 0.10 NZD |
| 0.10 lot | 1.00 NZD |
| 1.00 lot | 10.00 NZD |
| 10.00 lot | 100.00 NZD |
Values scale linearly with volume: 0.01 lot = 1% of the 1-lot value, 10 lots = 10×. ≈ $6.00 (varies with NZD/USD rate)
How to Calculate GBPNZD Pip Value
Because the quote currency is NZD, the USD value of each pip moves slightly with the NZD/USD exchange rate — ≈ $6.00 (varies with NZD/USD rate). Verify exact contract size in your platform (MT4/MT5 → Market Watch → right-click → Specification).
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Frequently Asked Questions
What is the pip value of GBPNZD?
One pip of GBPNZD on a 1.00 standard lot is worth 10 NZD (≈ $6.00 (varies with NZD/USD rate)).
How do I calculate GBPNZD pip value?
Multiply pip size by contract size: 0.0001 × 100,000 GBP = 10 NZD per standard lot.
Does the GBPNZD pip value change?
The NZD value is constant, but its USD equivalent shifts slightly with the NZD/USD rate.
What is the contract size of GBPNZD?
One standard lot is 100,000 GBP. Minimum trade size is 0.01 lots at most brokers.
How many pips does GBPNZD move per day?
~116 pips on average (August 2026 window) — high volatility among the 35 instruments in our database.
Data compiled 22 August 2026 from IC Markets product specification sheets, Myfxbook live spread/swap/volatility feeds and public education sources (FOREX.com Academy, BabyPips, FXStreet). Spreads, swaps and daily ranges change continuously — values above are representative, not quotes, and vary by broker. Verify everything in your platform's contract specification window. Educational content only — not financial advice. See our Terms.
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