Convert swap points to $ and %?

Aug 31, 2023 at 12:45
318 Tampilan
4 Replies
Anggota Sejak Aug 31, 2023   2 pos
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
Anggota Sejak Jan 18, 2021   17 pos
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
Anggota Sejak Aug 19, 2021   228 pos
Oct 03, 2023 at 10:47
Oh as I know there are automatic calculation on some websites. Try to find.
Anggota Sejak Dec 24, 2023   3 pos
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.
Anggota Sejak Mar 07, 2023   28 pos
Dec 25, 2023 at 06:37
Each broker must have own calculator. Ask them.
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