Excel's DOLLAR function - what does it do?

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What does the DOLLAR function do?

Excel's DOLLAR function - what does it do?

Excel's DOLLAR function converts any number to text using the currency format.

If cell A1 contains 123,
=DOLLAR(A1)
will return 123.00 (as text, not as a number).

The default number of decimal places is 2, but the number of decimal places can be modified by adding a comma and a number after the cell reference.

In the above example,
=DOLLAR(A1,5)
Would return 123.00000

   

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