ROUND
The ROUND function rounds a number to a specified number of digits. It is useful in financial modeling, data analysis, and mathematical calculations to simplify values. This function can enhance the readability of numerical data.
Syntax 🔗
=ROUND(number, num_digits)
number | The number you want to round. |
num_digits | The number of digits to which you want to round the given number. |
About ROUND 🔗
Use the ROUND function in Excel to round numbers to a specific level of precision. This is particularly useful for financial figures, statistical data, or when you want to present values more clearly. With ROUND, you can define the number of decimal places or significant figures for your data, which helps in better visualization and interpretation of analysis results. Specify the number of digits to control the precision to which the number is rounded.
Examples 🔗
Suppose you have the number 15.6789 and you want to round it to 2 decimal places. Use the following formula: =ROUND(15.6789, 2) This will return 15.68.
If you have the number 1234 and you wish to round it to the nearest hundred, the formula is: =ROUND(1234, -2) This will result in 1200.
Notes 🔗
The ROUND function rounds numbers based on standard rules. When a digit is exactly halfway between two numbers, it rounds to the nearest even number ('round half to even'). If you specify a negative number of digits, rounding happens to the left of the decimal point. Ensure the number of digits matches your precision needs when using the ROUND function.
Questions 🔗
The ROUND function rounds numbers with fractional parts according to standard rounding rules, where digits 0-4 are rounded down and digits 5-9 are rounded up. If the digit following the specified number of digits is 5, rounding is performed to the nearest even number.
Can the ROUND function round numbers to a specific number of decimal places?Yes, you can specify the number of decimal places to which you want to round a number using the num_digits argument in the ROUND function. This allows you to control the precision of the rounding operation.
If the num_digits value in the ROUND function exceeds the number of decimal places in the number being rounded, Excel pads the result with zeroes to match the specified precision. For instance, rounding 5 to 3 decimal places using =ROUND(5, 3) will yield 5.000.