**Using the Excel DOLLARDE Function**

## Summary

The Excel DOLLARDE function returns a dollar price expressed as a decimal number when provided a dollar price expressed as an integer part and fraction part, such as 2.05.The fraction portion of the value is divided by the specified integer. For example, if you would like a price to be expressed to a precision of 1/8 of a dollar, divide the fraction part by 8. Using 2.05, you would perform the following:

($2 + (2 / 8)) = $2.25.

## Syntax

=DOLLARDE (fractional_dollar, fraction)## Syntax Breakdown

**Fractional Dollar**Required. Number expressed as an integer part and a fraction part, separated by a decimal symbol.

**Fraction**Required. Integer to use in the denominator of the fraction. If the value entered is not an integer it will be truncated.

If the argument is < 0, the function returns the #NUM! error. The function returns the #DIV/0! error if fraction is greater than or equal to 0 (zero) and less than 1.

## Usage Notes

DOLLARDE converts values entered with a particular fractional notation into an equivalent decimal number. Use the DOLLARFR function to perform the opposite operation.The function is useful when quoting pricing that is given in the nearest 1/8, 1/16, 1/32, such as securities prices.