DOLLARFR

See Also

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.

If this function is not available, and returns the #NAME? error, install and load the Analysis ToolPak add-in.

Show How?

On the Tools menu, click Add-Ins.
In the Add-Ins available list, select the Analysis ToolPak box, and then click OK.
If necessary, follow the instructions in the setup program.

Syntax

DOLLARFR(decimal_dollar,fraction)

Decimal_dollar is a decimal number.

Fraction is 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.

Show How?

Create a blank workbook or worksheet.
Select the example in the Help topic. Do not select the row or column headers.

Selecting an example from Help
Press CTRL+C.
In the worksheet, select cell A1, and press CTRL+V.
To switch between viewing the results and viewing the formulas that return the results, press CTRL+` (grave accent), or on the Tools menu, point to Formula Auditing, and then click Formula Auditing Mode.

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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)