A basis point is one hundredth of a percentage point.

100 basis point is 1%, therefore, 1 basis point in 1/100% half a basis point is 0.5/100% (we will divide after adding the two zeros for the (%) and .5/10000 will equal .00005. Half a basis point of 1000,000 USD is equal to 50USD. Half a basis point of 100,000,000 USD is 5000USD and so on....

A basis point is one-one hundredth of a percent...so, 100 basis points.

The term basis point is a percentage measurement used to compare losses and gains on fixed income investments such as a bond. One basis point is equal to 0.01%.

FX forward rate is absolutely quoted in basis point. For example, the spot rate for MYR/USD 3.1010 - 3.1234. The 3 months forward rate is quote by ABC bank as 3.1210 - 3.2000. Thus, the basis point is 200 bps and 766 bps. From here, we can understand that basis point is use to describe or to determine the changes of forward rate in short by using basis point.