# Round to the Nearest Cent Calculator

Use our calculator to round a price value to the nearest cent, nickel, dime, quarter, or dollar.

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## Rounded Value:

Learn how we calculated this below

## How to Round to the Nearest Cent

Rounding price values to the nearest cent is a way to represent a dollar value using only two significant figures to the right of the decimal. Rounding to the nearest cent allows very-precise price values to be used with more conventional systems that support only whole cents in a price.

Rounding helps to approximate values to whole dollars and cents, which is what most people and systems rely on for pricing. Dollars and cents generally assume a precision of two values to the right of the decimal point, which is a precision of one cent.

### Rounding Rules

When rounding prices to the nearest whole cent, you need to use the rules for rounding.

• Look at the digit immediately to the right of the value in the hundredths place in the decimal.
• If the digit immediately to the right of the desired decimal place or whole number is 5 or greater, add 1 to the number in the hundredths place.
• Remove all of the numbers to the right of the hundredths place.

You can round a number to the nearest cent by looking at the number in the hundredths place and the number immediately to the right.

If the number in the thousandths place is 5 or greater, add 1 to the number in the hundredths place. Then, remove the numbers to the right of the hundredths place.

For example, let’s round \$1.468 to the nearest cent.

Since the number to the right of the hundredths place is 8, we need to add 1 to the number in the hundredths place.

\$1.468
6 + 1 = 7

Then, remove the values after the hundredths place. This becomes:

\$1.47

So, \$1.468 rounded to the nearest cent is equal to \$1.47.