Sunday 12 March 2017

Excel - Excel DOLLAR Function


Description

The Excel DOLLAR function rounds a supplied number to a specified number of decimal places and then converts this into text, using a currency format. The currency format used is the format that is set as the default on your computer. 

The format of the Excel DOLLAR function is : 

DOLLAR( number, [decimals] ) 


Where the arguments are as follows :

Dollar Function Examples


Dollar Function Common Problem


Common Problem 

Once a number has been converted, using the Excel Dollar function, it is stored in Excel as text. Therefore, it cannot be used in numeric calculations. 

If you want to be able to use the numbers in calculations, you may prefer to keep the values as numbers in Excel and just change the formatting into a currency format. To do this: 

Right click with the mouse, on the cell to be formatted
Select the Format Cells ... option and ensure the Number tab is selected
Under the Category heading, select the option Currency
From the options that appear on the right, specify the details of the formatting required
Click OK

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