DOLLARDE

Converts a price quotation given as a decimal fraction into a decimal value.

Sample Usage

DOLLARDE(100.10,32)

DOLLARDE(A2,8)

Syntax

DOLLARDE(fractional_price, unit)

  • fractional_price - The price quotation given using fractional decimal conventions.

  • unit - The units of the fraction, e.g. 8 for 1/8ths or 32 for 1/32nds.

Notes

  • DOLLARDE is used to convert from prices specified on certain securities exchanges with minimal increments (e.g. 1/8 or 1/32) into decimal format. These prices may be transmitted on electronic exchanges as 100.01 for 100 1/8 or 100 1/32 depending on the system and minimal increment. DOLLARDE(100.01,8) results in 100.125 whereas DOLLARDE(100.01,32) results in 100.03125.

See Also

DOLLARFR: Converts a price quotation given as a decimal value into a decimal fraction.

Examples

true
Visit the Learning Center

Using Google products, like Google Docs, at work or school? Try powerful tips, tutorials, and templates. Learn to work on Office files without installing Office, create dynamic project plans and team calendars, auto-organize your inbox, and more.

Search
Clear search
Close search
Google apps
Main menu
1257076820589799517
true
Search Help Center
true
true
true
true
true
35
false
false