In this article, we will learn about how to use the DOLLAR function in Excel.
The DOLLAR function rounds the number to the specified upto decimal places. Excel function DOLLAR rounds to the nearest upto mentioned decimal point. If decimal places is not mentioned, then the function takes 2 as the decimal point value.
The DOLLAR function rounds the given input number upto a number also given as argument.
|=DOLLAR (number, [decimal])|
number : number to be rounded off
[decimal] : [optional] number, upto decimal places
All of these might be confusing to understand. So, let's test this formula via running it on the example shown below. Here we will perform the DOLLAR function over different numbers and significance with the numbers.
Use the formula:
As you can see in the above snapshot the function returns 48.44 (with currency) which is rounded upto 2 decimals from the number in D4 cell. Now to apply the formula to the remaining cell just copy the formula using Ctrl + D taking the first cell till the last needed cell formula and changing the decimal argument to get the number rounded upto particular (given as argument) decimal places.
-2 decimal argument rounds the number towards integer side (ones, tenth, hundredth) decimal places. As you can see the formula returns number in currency format.
Here are some observational notes using the DOLLAR function shown below.
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