Financial Toolbox

frac2cur

Fractional currency value to decimal value

Syntax

• Decimal = frac2cur(Fraction, Denominator)
  

Description

Decimal = frac2cur(Fraction, Denominator) converts a fractional currency value to a decimal value. Fraction is the fractional currency value input as a string, and Denominator is the denominator of the fraction.

Examples

• Decimal = frac2cur('12.1', 8)
  

returns

•  Decimal =
             12.1250
  

See Also

cur2frac, cur2str

fbusdate

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