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How to Use Excel DOLLAR Function?

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DOLLAR FunctionPin
DOLLAR Function

DOLLAR Function in Excel: Excel is a spreadsheet program that is developed for WindowsMacAndroid, and iOS. It helps to perform calculations on your PC. The purpose of this software is to do complicated calculations which are difficult to do manually. With the help of this spreadsheet program, you can insert, organize, maintain, manage, and calculate data.

Here, we will analyze the fundamental syntax and usage of the DOLLAR function in Microsoft Excel with some examples. Get the official version of MS Excel from the following link:

https://www.microsoft.com/en-in/microsoft-365/excel

Excel DOLLAR FunctionPin
Excel DOLLAR Function

Description of DOLLAR Function

  • It is one of the built-in functions in Microsoft Excel.
  • In Excel, DOLLAR Function is used to change a number into text with the use of currency number format.

Syntax

  • Here, you will see the syntax of the DOLLAR function.
  • To apply this function on your spreadsheet, you have to select a cell and enter the formula in the following format.
  • Once you enter the formula, just click on the Enter button to get the result.

=DOLLAR(number, [decimals])

Argument Explanation:

  • Number (Required): A number that you want to be converted to text.
  • Decimals (Optional): It is the number of digits to the right of the decimal point. If you omit this argument, it takes 2 by default. If this argument is negative, the given number is rounded to the left of the decimal point.

Examples

Let’s focus on some examples of the DOLLAR function and explore how to use it in Microsoft Excel.

  • Initially, you have to open your Excel workbook on your PC and launch the worksheet that has data.
  • For instance, we have entered the input value in cell B3 and we will convert the given number into a dollar.
Input ValuePin
Input Value
  • Then, you need to enter the formula and click the Enter button to get the output.
Enter the formulaPin
Enter the formula
  • Now, you will get the converted value as output, as shown in the below screenshot.
OutputPin
Output
  • If you want to get the dollar values for a range of cells, you just need to drag down the first cell to fill the remaining cells.
Dollar FunctionPin
Dollar Function

Verdict

We hope that this article helped you to know how to apply the Excel DOLLAR Function in the spreadsheet with a few practical examples. Drop your feedback in the below comment section. To learn more about Excel functions, then visit our webpage Aawexcel.com.

Video Tutorial

The following video will show you how to apply the Excel DOLLAR function in the worksheet.

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