Convert swap points to $ and %?

Aug 31, 2023 at 12:45
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4 Replies
Member Since Aug 31, 2023   5 posts
Aug 31, 2023 at 12:45
How to convert swap points into $ and % per day?
AUD/JPY swap points are +13.26 LONG, -18.27 SHORT
Please teach me
Thanks
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
Member Since Aug 19, 2021   244 posts
Oct 03, 2023 at 10:47
Oh as I know there are automatic calculation on some websites. Try to find.
Member Since Dec 24, 2023   3 posts
Dec 24, 2023 at 09:09
your broker website should be able to assist you with that or try babypips they have calculators on their platform.
Member Since Mar 07, 2023   33 posts
Dec 25, 2023 at 06:37
Each broker must have own calculator. Ask them.
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