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Round to the Nearest Cent

Welcome to round to the nearest cent, our article which discusses the nearest cent rounding, including examples.

In this article you can also find a state-of-the-art rounding calculator a few lines below.

Additionally included is a related quiz.

Round to the Nearest Cent Calculator

Amount:
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Result:
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You may change the (normal) round mode to round up or round down, as discussed further below in this article.

Where is the Nearest Cent’s Place?

The nearest cent place of an amount of money is the value two places to the right of the decimal point once it has been rounded depending on the value of the thousandths’ place which is located three places to the right of the decimal point.

Frequently searched values include, for instance:

How to Round to the Nearest Nearest Cent?

To round an amount to the nearest cent, check the value of its thousandths.

If the value is equal to 5 or greater, increase the value in the cent’s place by 1 and then remove all digits to the right after the second decimal place.

If the value is equal to 4 or less, simply remove all the digits to the right after the second decimal place.

For example:

  • $2.756: The thousandths’ value is 6, so we round up: $2.756 → $2.76
  • $6.922: The thousandths’ value is 2, so we round down: $6.922 → $6.92
  • $5.800: Nothing to be done, the thousandths’ value is 0; → $5.80

In the table below you can find some amounts in dollar rounded to nearest cent.

AmountRounded to Nearest Cent
0.1240.12
6.3336.33
5.32275.32
12.3612.36
1.3761.38
8.8228.82
11.68911.69
0.5550.56
100.052100.05
12.22512.23
15.66615.67
100.007100.01
25.11125.11
19.85219.85
50.55450.55
20.99921
1.151.15
45.86545.87
11.87611.88
13.77713.78
2423.5442423.54
86.96486.96
0.1370.14
30.86130.86
45.45645.46
45.45445.45
45.454545.45
89.076489.08
20.78920.79
44.3344.33
60.24360.24
3030
34.999935
135.353135.35
18.87718.88
65.43865.44
11.0511.05
55.32855.33
96.34296.34
750.091750.09
200.058200.06
2.5332.53
26.996433327
81.64281.64
34.87134.87
……

If it is unclear why a certain table money value has been rounded down or up, employ the comment form at the end of this page.

Round up to the Nearest Cent

If the thousandths’ value of a certain number is >= 5, then, according to general rounding rules, you round up to the nearest cent.

However, the term round up to the nearest cent means that all thousandths in between 1 and 9 are rounded up by adding 1 to the value in the hundredth’s place, and then removing all digits to the right after the second place.

Round Down to the Nearest Cent

If the thousandths’ value of a certain number is < 5, then, according to general rounding rules, you round down to the nearest cent.

However, the term round down to the nearest cent means that all thousandths in between 1 and 9 are rounded down by removing all the digits to the right after the second decimal place.

Bottom Line

Make sure to understand that any rounded amount of money has always the same value as the amount you started with, but its value is less exact. Here you can find all about the nearest 5 cents.

– Article written by Mark, last updated on December 14th, 2023