Convert swap points to $ and %?

Aug 31, 2023 at 12:45
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4 Replies
Biedrs kopš   2 ieraksti
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
Biedrs kopš   17 ieraksti
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
Oct 03, 2023 at 10:47
Oh as I know there are automatic calculation on some websites. Try to find.
Biedrs kopš   3 ieraksti
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.
Biedrs kopš   28 ieraksti
Dec 25, 2023 at 06:37
Each broker must have own calculator. Ask them.
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