This tool calculates the percentage change in a Forex currency pair based on the number of pips moved and the starting exchange rate.

Key Definitions:

• **Pip:** The smallest standard unit of price change in a currency pair.
• **Most Pairs (e.g., EUR/USD):** 1 pip = 0.0001 (4th decimal place).
• **JPY Pairs (e.g., USD/JPY):** 1 pip = 0.01 (2nd decimal place).

Formula: $$ \small \text{Percentage Change} = \left( \frac{\text{Number of Pips} \times \text{Pip Value}}{\text{Starting Price}} \right) \times 100\% $$