1 Basis Points as a Decimal
Here we will show you how to convert 1 basis points to decimal. Before we continue, note that 1 basis points as a decimal can be shortened to 1 bps as a decimal or 1 bps in decimal.
A basis point is one percent of one percent, and one percent is one of one hundred. To convert 1 basis points to decimal, we will first convert 1 basis points to percent, and then convert the percent to decimal. Below are the step-by-step instructions to convert 1 basis points to decimal.
Step 1) Convert 1 basis points to percent.
Since one basis point is one percent of one percent, 1 basis points is 1 percent of one percent:
(1 × 1) / 100 = 0.01
1 basis point = 0.01 percent
Step 2) Convert percent to decimal.
Since one percent is one of one hundred, you divide the percent answer from Step 1 by 100 to get the percent to decimal:
0.01 / 100 = 0.0001
0.01 percent = 0.0001 decimal
That was the final step. Here is the answer to 1 basis points as a decimal per calculations above:
1 basis points = 0.0001 as a decimal
Basis Points to Decimal Calculator
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2 Basis Points as a Decimal
Here is another basis point value that we have converted to decimal for you.