Please Note: This article is written for users of the following Microsoft Excel versions: 2007, 2010, and 2013. If you are using an earlier version (Excel 2003 or earlier), this tip may not work for you. For a version of this tip written specifically for earlier versions of Excel, click here: Using the MROUND Worksheet Function.
Excel provides several different worksheet functions you can use to round a value in differing ways. For instance, you may want to round a number to some odd value, such as rounding to the nearest multiple of 7 or to the nearest 50.
For these times, you should use the MROUND worksheet function. The syntax for the MROUND function is as follows:
=MROUND(num, multiple)
The num argument is the number you want to round, while multiple is the value you want used in the rounding. Thus, if you want to round to the nearest 50, then multiple would be 50.
If you decide to use MROUND, it is important to remember that num and multiple must be the same sign. If one of them is positive and the other negative, then Excel returns a #NUM! error.
ExcelTips is your source for cost-effective Microsoft Excel training. This tip (11117) applies to Microsoft Excel 2007, 2010, and 2013. You can find a version of this tip for the older menu interface of Excel here: Using the MROUND Worksheet Function.
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2016-02-26 10:32:33
Peter Atherton
Joe
Try this
=INT(A1)+MROUND((A1-INT(A1))*100,30)/100
2016-02-24 16:28:01
I need help in round an Excel cell number to the nearest 30 cents. Example, I have amount $4.40, I need the cell to show $4.30. If the cell amount is $4.50, I need the cell to show $4.60. I tried =ROUND(cell no.,.3) and =MROUND(cell no.,.30) Neither does not work like they say it will????
thanks......Joe
2015-07-07 20:49:26
Maarten Daams
MROUND can also be used with fractions. For example, MROUND(1.53,0.05) will return 1.55
2015-06-22 09:47:33
Very nice. Much easier than nesting some other computations into the regular rouding function (eg to round to the nearest $.25)
I can see this very useful for budgeting purposes when rounded #s are preferred. One could also incorporate an "if" stmt or lookup to round to increasingly larger amts as the base amt increases. Thanks for the tip!
2015-06-22 08:17:26
Brian Walker
I use MROUND() in an automated stock replenishing application for field sales. MROUND() is used to round sales rep product requests to the nearest case quantity. ...A very useful function.
2015-06-20 05:44:52
Wayne
Great tip & surprisingly very handy
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Please Note:
This article is written for users of the following Microsoft Excel versions: 2007, 2010, and 2013. If you are using an earlier version (Excel 2003 or earlier), this tip may not work for you. For a version of this tip written specifically for earlier versions of Excel, click here: 
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