How to Limit Decimal Places in Excel (5 Methods)

Why Is Limiting Decimal Necessary?

To ensure clean and efficient calculations, we often round our decimal values. For instance, instead of using 3.399, we might prefer to display it as 3.40. Let’s delve into the methods for limiting decimal places in Excel.

Method 1 – Using Format Cells Command

Steps

• Select the stock price in USD from column D.

• Right-click on the selection and choose Format Cells from the menu.

• In the Number tab, select Decimal Places and set it to 2.
• Click OK to apply the formatting.

• The result is shown below:

Read More: How to Reduce Decimals in Excel

Method 2 – Using the ROUND Function

Steps

• Suppose you want to round the stock prices in USD (located in cells D5:D9).
• Enter the following formula in cell E5:

• This will round all the numbers to two decimal places.

Read More: How to Change Decimal Places in Excel

Method 3 – Utilizing the Number Formatting Group

Steps

• Go to the HOME tab.

• In the Number group, select the option for two decimal places.

• Press OK.
• Apply this formatting to the stock price in USD (Column D).

Read More: How to Add Decimals in Excel

Method 4 – Using the Number Group from Ribbon

Steps

• Select the cells containing stock prices in column D.

• Click on the Home tab.
• Decrease the decimal places using the icon in the Number group.

• The result is shown below.

Method 5 – Customizing Excel Editing Options

Steps

• Select the data table.

• Go to the File menu.

• Choose Options.

• In the Advanced section, enable the Automatically insert a decimal point option.
• Customize the decimal places by setting it to 2.

• Here is the final result:

Download Practice Workbook

You can download the practice workbook from here:

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