# Excel DOLLARDE Function

The Excel DOLLARDE function converts a dollar price entered with a special notation to a dollar price displayed as a decimal number. The DOLLARFR function does the opposite conversion.

**fractional_dollar**- Dollar component in special fractional notation.**fraction**- The denominator in the fractional unit. 8 = 1/8, 16 = 1/16, 32 = 1/32, etc.

The DOLLARDE function is a financial function which converts values pricing entered with a particular fractional notation into an equivalent decimal number. It can be used for securities where pricing is given to the nearest 1/8, 1/16, 1/32, etc.

For example, to convert the the price "3 and 1/16" to an equivalent decimal value, you can use the DOLLARDE function like this:

=DOLLARDE(3.01,16) // returns 3.0625

Notice first argument shows the whole dollar value on the left, and the decimal component is used to express the numerator (.01 = 1, .11 = 11, etc.). The second argument is the denominator.

In the example shown, the formula column E, copied down, is:

=DOLLARDE(C6,D6)

On each row, the DOLLARDE function picks up the fractional dollar notation from column C and the denominator from column D.

### Notes

- Both
**fractional_dollar**and**fraction**arguments must be numeric values. - The value for
**fraction**must be greater than zero.

## Download 100+ Important Excel Functions

Get over 100 Excel Functions you should know in one handy PDF.