
FinancialLevel: ExpertAvailable in: Excel 2007+
In this article
- Syntax
- Examples
- Example 1
- Related functions
DOLLARDE converts prices quoted in fractions (like 1 and 2/16) into decimals — still seen in some bond and commodity feeds.
Syntax
=DOLLARDE(fractional_dollar, fraction)
| Argument |
What it means |
fraction |
Denominator, e.g. 16 or 32. |
Examples
Example 1
=DOLLARDE(1.02, 16)
Returns 1.125 (1 and 2/16).
DOLLARFR
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