DOLLARFR function

This article describes the formula syntax and usage of the DOLLARFR function (function: A prewritten formula that takes a value or values, performs an operation, and returns a value or values. Use functions to simplify and shorten formulas on a worksheet, especially those that perform lengthy or complex calculations.) in Microsoft Excel.

Description

Converts a dollar price expressed as a decimal number into a dollar price expressed as a fraction. Use DOLLARFR to convert decimal numbers to fractional dollar numbers, such as securities prices.

Syntax

DOLLARFR(decimal_dollar, fraction)

The DOLLARFR function syntax has the following arguments (argument: A value that provides information to an action, an event, a method, a property, a function, or a procedure.):

  • Decimal_dollar    Required. A decimal number.
  • Fraction    Required. The integer to use in the denominator of a fraction.

Remarks

  • If fraction is not an integer, it is truncated.
  • If fraction is less than 0, DOLLARFR returns the #NUM! error value.
  • If fraction is 0, DOLLARFR returns the #DIV/0! error value.

Example

The example may be easier to understand if you copy it to a blank worksheet.

ShowHow do I copy an example?

  1. Select the example in this article. If you are copying the example in Excel Online, copy and paste one cell at a time.
    Important: Do not select the row or column headers.

Selecting an example from Help

Selecting an example from Help

  1. Press CTRL+C.
  2. Create a blank workbook or worksheet.
  3. In the worksheet, select cell A1, and press CTRL+V. If you are working in Excel Online, repeat copying and pasting for each cell in the example.
    Important: For the example to work properly, you must paste it into cell A1 of the worksheet.
  4. To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Formulas tab, in the Formula Auditing group, click the Show Formulas button.

After you copy the example to a blank worksheet, you can adapt it to suit your needs.

 
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A B
Formula Description (Result)
=DOLLARFR(1.125,16) Converts the decimal number 1.125 to a number read as 1 and 2/16 (1.02)
=DOLLARFR(1.125,32) Converts the decimal number 1.125 to a number read as 1 and 1/8 (1.04)
 
 
Applies to:
Excel 2010, Excel Web App, SharePoint Online for enterprises, SharePoint Online for professionals and small businesses