Convert swap points to $ and %?
Aug 31, 2023 at 12:45
539 Views
4 Replies
Member Since Jan 18, 2021
18 posts
Oct 03, 2023 at 09:20
based on BABYPIPS here's the formula
'For forex, here's the formula to calculate swap:
Swap = (Pip Value * Swap Rate * Number of Nights) / 10.
Pip value: $1.
Swap (long) rate: -3.3154.
Swap fee: (1* -3.3154 * 1) / 10 = -$0.33.'
If i were you use this and go to chatgpt to help you as well
'For forex, here's the formula to calculate swap:
Swap = (Pip Value * Swap Rate * Number of Nights) / 10.
Pip value: $1.
Swap (long) rate: -3.3154.
Swap fee: (1* -3.3154 * 1) / 10 = -$0.33.'
If i were you use this and go to chatgpt to help you as well
Member Since Aug 19, 2021
246 posts
Oct 03, 2023 at 10:47
Oh as I know there are automatic calculation on some websites. Try to find.
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