Convert swap points to $ and %?

Aug 31, 2023 at 12:45
Vues 308
4 Replies
Membre depuis Aug 31, 2023   posts 2
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
Membre depuis Jan 18, 2021   posts 17
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
Membre depuis Aug 19, 2021   posts 227
Oct 03, 2023 at 10:47
Oh as I know there are automatic calculation on some websites. Try to find.
Membre depuis Dec 24, 2023   posts 3
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.
Membre depuis Mar 07, 2023   posts 28
Dec 25, 2023 at 06:37
Each broker must have own calculator. Ask them.
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