DOLLARDE

The DOLLARDE function in Google Sheets is a useful tool for converting a price quotation given as a decimal fraction into a decimal value. This function can come in handy when working with financial data and conducting various calculations. Learn more about its syntax and usage below.

Function Syntax and Parameters

Syntax: DOLLARDE(fractional_price, unit)

Parameters:

• fractional_price: The price quotation given as a decimal fraction.
• unit: The unit of the fraction.

Step-by-Step Tutorial

1. Converting a decimal fraction to a decimal value:
   • Example: =DOLLARDE(0.75, 32)
   • Result: 0.78125

Use Cases and Scenarios

1. Currency Conversion: Convert a fractional price quotation into a decimal value for accurate calculations.
2. Investment Analysis: Calculate the decimal value of a fractional stock price.

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