I converted an isolette I to a pinhole, but I wanted it about 40mm focal length so removed the bellows and stuff - the door can still close, which is cool.
I found an online calculator where you enter hole-to-film distance and hole size, which gave me the FOV (or whatever - essentially what mm lens the coverage is like) and the f-stop.
But I set up a still life and tested film with a range of f-stops and made small prints with a 2.5 filter - to me, that was the best test, it was a "real world" look at how that camera actually exposed the film, and I settled on an aperture for exposure calculations based on what seemed to print the best. And glad I did, my calculations said something like "F90", I found F180 behaved the best.