In this Excel tutorial, you will learn how to round to the nearest 1000 in Excel.
Overview of Rounding to Nearest 1000 in Excel using ROUND, ROUNDUP, ROUNDOWN, CEILING and FLOOR functions
Rounding to the nearest 1000 in Excel can be done using Excel functions ROUND, ROUNDUP, ROUNDOWN, CEILING, CEILING.MATH, FLOOR, FLOOR.MATH, MROUND; using Excel Power Query and combining Excel SIGN, ABS and MROUND functions.
Note: We have used the Microsoft 365 version in this article. But all of these methods shown here except the FLOOR.MATH and CEILING.MATH functions and the Power Query feature are applicable to any Excel version.
The FLOOR.MATH and CEILING.MATH functions are available in Excel 2013 and later versions.
The Power Query feature is available in Excel 2010 and later versions.
Rounding to the nearest 1000 is useful to simplify data presentation or calculations. Especially, when you’re dealing with large numbers or big financial figures, it is better you convert numbers to the nearest 1000; it makes the data more manageable and easier to understand. It also eliminates unnecessary detail or decimal places when such precision is not required.
What Is Rounding to Nearest 1000?
Rounding to the nearest 1000 means that we want to adjust a number to the closest multiple of 1000. For example, if you have a number 4850, and you want to round it to the nearest 1000, the result will be 5000, as 5000 is the nearest thousandth multiple of 4850.
In mathematics, there are 2 rules for rounding off a number to the nearest 1000.
Rule 1: When you want to round a number to the nearest 1000, and if the hundredth place digit of the number is less than 5, then the hundredth, tenth, and oneth places are replaced by 0. Like rounding off 25345 results 25000.
Rule 2: To round a number to the nearest 1000, and if the hundreds place digit of the number is greater than or equal to 5, then the hundredth, tenth, and oneth places are replaced by 0 and the thousands place is increased by 1. Like rounding off 25645 results 26000.
1. Using Excel ROUND Function to Round Numbers to Nearest 1000
In this part, you will learn how to use the Excel ROUND function to round numbers to the nearest 1000.
The ROUND function round numbers to the nearest 1000 based on general math rules. If the hundreds place digit of a number is less than 5, then the hundreds place is replaced by 0. If the hundreds place digit of a number is greater than or equal to 5, then the hundreds place is replaced by 0 and the thousands place is increased by 1.
I have a dataset with some random numbers. There are both positive and negative integers and decimal numbers in the dataset. I want to round the numbers to the nearest 1000.
Here, I’ll use the ROUND function to round the numbers to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number to the nearest 1000. So, I input this formula in cell C5:
=ROUND(B5,-3)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the numbers to the nearest 1000 across the cells C5:C17.
Read More: How to Round Numbers to Nearest 10000 in Excel
2. Using Excel ROUNDUP Function to Round Numbers to Nearest 1000
In this section, you will learn how to use Excel ROUNDUP function to round numbers to the nearest 1000. Excel ROUNDUP function rounds up positive numbers and rounds down negative numbers.
Here, I’ll use the same dataset and will use the ROUNDUP function to round the numbers to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number to the nearest 1000. So, I input this formula in cell C5:
=ROUNDUP(B5,-3)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the numbers to the nearest 1000 across the cells C5:C17.
Read More: How to Round to Nearest 100 in Excel
3. Using Excel ROUNDDOWN Function to Round Numbers to Nearest 1000
In this part, you will learn how to use Excel ROUNDDOWN function to round numbers to the nearest 1000. Excel ROUNDDOWN function rounds down positive numbers and rounds up negative numbers.
Here, I’ll use the same dataset and will use the ROUNDDOWN function to round the numbers to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number to the nearest 1000. So, I input this formula in cell C5:
=ROUNDDOWN(B5,-3)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the numbers to the nearest 1000 across the cells C5:C17.
Read More: Round Down to Nearest 10 in Excel
4. Using Excel CEILING Function to Round Numbers to Nearest 1000
Using the Excel CEILING function, we can round numbers up to the nearest 1000 and round numbers down to the nearest 1000.
Case 1: Rounding Numbers Up to Nearest 1000 Using CEILING Function
In this part, you will learn how to use Excel CEILING function to round up numbers to the nearest 1000. Excel CEILING function rounds up both the positive and negative numbers when the significance argument is positive.
Here, I’ll use the same dataset and will use the CEILING function to round the numbers up to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number up to the nearest 1000. So, I input this formula in cell C5:
=CEILING(B5,1000)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the numbers up to the nearest 1000 across the cells C5:C17.
Case 2: Rounding Numbers Down to Nearest 1000 Using CEILING Function
In this part, you will learn how to use Excel CEILING function to round down numbers to the nearest 1000.
Excel CEILING function rounds down only negative numbers when the significance argument is negative. When the number is positive and the significance argument is negative, Excel CEILING function returns a #NUM! error.
Here, I’ll use the same dataset and will use the CEILING function to round the negative numbers down to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number down to the nearest 1000. So, I input this formula in cell C5:
=CEILING(B5,-1000)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round only the negative numbers down to the nearest 1000 across the cells C5:C17.
5. Using Excel CEILING.MATH Function to Round Numbers Up to Nearest 1000
In this part, you will learn how to use Excel CEILING.MATH function to round up numbers to the nearest 1000.
The CEILING.MATH function rounds up both the positive and negative numbers. It doesn’t matter whether the significance argument is positive or negative. It solves the problem of CEILING function that cannot work with positive numbers and negative significance argument.
Here, I’ll use the following dataset and will use the CEILING.MATH function with positive significance argument and negative significance argument in separate columns to round the numbers up to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number up to the nearest 1000. So, I input the CEILING.MATH function with positive significance argument in cell C5:
=CEILING.MATH(B5,1000)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the numbers up to the nearest 1000 across the cells C5:C17.
Step 4: In cell D5, I want to round the number up to the nearest 1000. So, I input the CEILING.MATH function with negative significance argument in cell D5:
=CEILING.MATH(B5,-1000)
Step 5: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell D5, you will find the Fill Handle icon (Green Plus).
Step 6:
Double-click on the Fill Handle icon to round all the numbers up to the nearest 1000 across the cells D5:D17.
6. Using Excel FLOOR Function to Round Numbers to Nearest 1000
Using the Excel FLOOR function, we can round numbers down to the nearest 1000 and round numbers up to the nearest 1000.
Case 1: Rounding Numbers Down to Nearest 1000 Using FLOOR Function
In this part, you will learn how to use Excel FLOOR function to round down numbers to the nearest 1000. Excel FLOOR function rounds down both the positive and negative numbers when the significance argument is positive.
Note: Both the number and significance arguments of the FLOOR function should have the same sign in Excel 2003 and 2007 versions. Otherwise, the FLOOR function will give an error. The FLOOR function in newer versions of Excel can handle negative numbers and positive significance.
Here, I’ll use the same dataset and will use the FLOOR function to round the numbers down to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number down to the nearest 1000. So, I input this formula in the cell C5:
=FLOOR(B5,1000)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the numbers down to the nearest 1000 across the cells C5:C17.
Case 2: Rounding Numbers Up to Nearest 1000 Using FLOOR Function
In this part, you will learn how to use Excel FLOOR function to round up numbers to the nearest 1000.
Excel FLOOR function rounds up only negative numbers when the significance argument is negative. When the number is positive and the significance argument is negative, Excel FLOOR function returns a #NUM! error.
Here, I’ll use the same dataset and will use the FLOOR function to round the negative numbers up to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number up to the nearest 1000. So, I input this formula in cell C5:
=FLOOR(B5,-1000)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round only the negative numbers up to the nearest 1000 across the cells C5:C17.
7. Using Excel FLOOR.MATH Function to Round Numbers Down to Nearest 1000
In this part, you will learn how to use Excel FLOOR.MATH function to round down numbers to the nearest 1000.
The FLOOR.MATH function rounds down both the positive and negative numbers. It doesn’t matter whether the significance argument is positive or negative. It solves the problem of FLOOR function that cannot work with positive numbers and negative significance argument.
Here, I’ll use the following dataset and will use the FLOOR.MATH function with positive significance argument and negative significance argument in separate columns to round the numbers down to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number down to the nearest 1000. So, I input the FLOOR.MATH function with positive significance argument in cell C5:
=FLOOR.MATH(B5,1000)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the numbers down to the nearest 1000 across the cells C5:C17.
Step 4: In cell D5, I want to round the number down to the nearest 1000. So, I input the FLOOR.MATH function with negative significance argument in cell D5:
=FLOOR.MATH(B5,-1000)
Step 5: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell D5, you will find the Fill Handle icon (Green Plus).
Step 6: Double-click on the Fill Handle icon to round all the numbers down to the nearest 1000 across the cells D5:D17.
8. Using Excel MROUND Function
In this part, you will learn how to use Excel MROUND function to round numbers to the nearest 1000.
The MROUND function rounds numbers based on general math rules like Excel ROUND function. But there is a difference. Both the number and multiple arguments of the MROUND function should have the same sign. If the arguments have different signs, then the MROUND function returns a #NUM! error.
Here, I’ll use the following dataset and use the MROUND function for the positive and negative numbers separately to round them to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number to the nearest 1000. So, I input this formula in the C5:
=MROUND(B5,1000)
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the positive numbers to the nearest 1000 across the cells C5:C11.
Step 4:
In cell C14, I want to round the number to the nearest 1000. So, I input this formula in the C14:
=MROUND(B5,-1000)
Step 5: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C14, you will find the Fill Handle icon (Green Plus).
Step 6: Double-click on the Fill Handle icon to round all the negative numbers to the nearest 1000 across the cells C14:C19.
9. Combining Excel SIGN, ABS and MROUND Functions
In this part, you will learn how to combine Excel SIGN, ABS and MROUND functions to round numbers to the nearest 1000.
The combination of these 3 functions solves the problem of Excel MROUND function that cannot work when there is a positive number with a negative multiple argument and when there is a negative number with a positive multiple argument.
Here, I’ll use the same dataset as before and will combine the SIGN, ABS and MROUND functions to round the numbers to the nearest 1000.
Follow these steps:
Step 1:
In cell C5, I want to round the number to the nearest 1000. So, I input this formula in the cell C5:
=SIGN(B5)*MROUND(ABS(B5),ABS(1000))
Step 2: Click on the Enter button on your keyboard and you will find the following output. Hover your mouse over the bottom right corner of cell C5, you will find the Fill Handle icon (Green Plus).
Step 3: Double-click on the Fill Handle icon to round all the numbers to the nearest 1000 across the cells C5:C17.
Formula Breakdown:
Let’s explain how this formula works:
=SIGN(B5)*MROUND(ABS(B5),ABS(1000))
=SIGN(B5)*MROUND(25645,1000) // ABS(B5) returns 25645 and ABS(1000) returns 1000 as the absolute value.
=SIGN(B5)*MROUND(25645,1000)
=SIGN(B5)*26000 // MROUND(25645,1000) returns 26000 because this function rounds the value 25645 to the nearest 1000.
=1*26000 // SIGN(B5) returns 1 because the number in cell B5 is positive.
=26000 // Because the multiplication result is 26000.
10. Using Custom Number Format to Display Numbers Rounded to Nearest 1000
In this part, you will learn how to use Excel Custom Number Format to display numbers rounded to the nearest 1000. Applying the Custom Number Format won’t change the original cell value. It just displays the original value as rounded to the nearest 1000.
Here, I’ll use the same dataset. First, I’ll copy the original values and paste them into another column. Then, I’ll use the Custom Number Format option to display the numbers rounded to the nearest 1000.
Follow these steps:
Step 1: Copy and Pasting the original values
Select cells B5:B17 => Press Ctrl + C to copy => Select cell C5 => Press Ctrl + V to paste.
Step 2: Opening Format Cells dialog box
Select cells C5:C17 => Go to Home Tab => Number group of commands => You’ll get the Number Format option.
Step 3: Opening Format Cells dialog box
The Format Cells dialog box will open.
Step 4: Go to Number tab => Custom from Category: menu => Put #0,”000″ in Type: box.
Step 5: Click OK and you’ll get the following output.
You can also put #0,”K” in the Type: box in the Format Cells dialog box of Step 4.
Click OK and you’ll get the following output.
You can also open the Format Cells dialog box in these three ways:
First way:
Select cells C5:C17 and Right-click => The Context menu will open => You’ll get the Format Cells option.
Second way:
Select cells C5:C17 => Go to Home tab => Cells group of commands => Click on the Format drop-down => You’ll get the Format Cells option.
Third way: Keyboard Shortcut to open the Format Cells dialog box:
Select cells C5:C17 => Press the keyboard shortcut Ctrl + 1 and you will get the following result.
11. Rounding Numbers to Nearest 1000 Using Power Query in Excel
Rounding numbers to the nearest 1000 can be done using Excel Power Query by Number.Round function, by Number.RoundUp function, by Number.RoundDown function.
Power Query is a useful feature in MS Excel that you can use to import or connect to external data and do several tasks with that data. Then, you can again load back this data to the worksheet to make reports. You can also refresh the data after entering new values.
Availability: The Power Query feature is available in Excel 2010 and later versions.
Method 1: Using Number.Round Function
In this part, you will learn how to use Number.Round function in Excel Power Query to round numbers to the nearest 1000. The Number.Round function in Excel Power Query round numbers based on general math rules like the Excel ROUND function.
I have a dataset with some random numbers. There are both positive and negative integers and decimal numbers in the dataset. I want to round the numbers to the nearest 1000. Here, I’ll import this dataset into Excel Power Query first. Then I’ll use the Number.Round function to round the numbers to the nearest 1000.
Follow these steps:
Step 1: Importing the dataset in Power Query
I have to import the dataset in Excel Power Query first.
Select the whole dataset => Go to Data tab => Get & Transform Data group of commands => You’ll get the From Table/Range option.
Step 2: Importing the dataset in Power Query
Click on the From Table/Range option and the Create Table dialog box will open.
Step 3: Importing the dataset in Power Query
Click OK and the dataset will import into the Power Query Editor.
Step 4: In the Power Query Editor, go to the Add Column tab => You’ll get the Custom Column option.
Step 5: Click on the Custom Column option and the Custom Column window will open.
Step 6:
Give a new column name (Rounded Numbers to Nearest 1000) in the New column name box
=> Put this formula in Custom column formula box:
=Number.Round([Random Numbers], -3)
Step 7: Click OK to round all the numbers to the nearest 1000.
Step 8: Exporting the dataset back to the worksheet
I want to load this dataset with the result again in our worksheet.
Go to Home tab => Click on the Close & Load drop-down => You’ll get the Close & Load To option.
Step 9: Exporting the dataset back to the worksheet
Click on the Close & Load To option and the Import Data dialog box will appear.
=> Select the Table radio button as how you want to view this data
=> Select the New worksheet radio button as the location.
Step 10: Exporting the dataset back to the worksheet
Click OK and the dataset will export back to the worksheet with the results.
Method 2: Using Number.RoundUp Function
In this part, you will learn how to use Number.RoundUp function in Excel Power Query to round up numbers to the nearest 1000. The Number.RoundUp function rounds up both positive and negative numbers.
Here, I’ll use the same dataset and will import this dataset into Excel Power Query first. Then I’ll use the Number.RoundUp function to round the numbers up to the nearest 1000.
Follow these steps:
Step 1: Importing the dataset in Power Query
I have to import the dataset in Excel Power Query first. Follow Steps 1 to 3 from Method 1 to upload the dataset in Excel Power Query.
Step 2: In the Power Query Editor, go to the Add Column tab => You’ll get the Custom Column option.
Step 3: Click on the Custom Column option and the Custom Column window will open.
Step 4:
Give a new column name (Rounded Numbers to Nearest 1000) in the New column name box
=> Put this formula in Custom column formula box:
=Number.RoundUp([Random Numbers], -3)
Step 5: Click OK to round all the numbers up to the nearest 1000.
You can load this dataset with the result again in the worksheet by following Steps 8 to 10 from Method 1.
Method 3: Using Number.RoundDown Function
In this part, you will learn how to use Number.RoundDown function in Excel Power Query to round down numbers to the nearest 1000. The Number.RoundDown function rounds down both positive and negative numbers.
Here, I’ll use the same dataset and will import this dataset into Excel Power Query first. Then I’ll use the Number.RoundDown function to round the numbers down to the nearest 1000.
Follow these steps:
Step 1: Importing the dataset in Power Query
I have to import the dataset in Excel Power Query first. Follow Steps 1 to 3 from Method 1 to upload the dataset in Excel Power Query.
Step 2: In the Power Query Editor, go to the Add Column tab => You’ll get the Custom Column option.
Step 3: Click on the Custom Column option and the Custom Column window will open.
Step 4:
Give a new column name (Rounded Numbers to Nearest 1000) in the New column name box
=> Put this formula in Custom column formula box:
=Number.RoundDown([Random Numbers], -3)
Step 5: Click OK to round all the numbers down to the nearest 1000.
You can load this dataset with the result again in the worksheet by following Steps 8 to 10 from Method 1.
Download Workbook
I have shown you several methods and examples of rounding to the nearest 1000 in Excel. I have used the ROUND function, the ROUNDUP function, the ROUNDOWN function, the CEILING function, the CEILING.MATH function, the FLOOR function, the FLOOR.MATH function, the MROUND function to round numbers to the nearest 1000. We have also shown a case, where you can apply the Custom Number Format to display numbers rounded to the nearest 1000. I have used Excel Power Query to round numbers to the nearest 1000. If you know any other methods or you face any problems related to rounding to the nearest 1000 in Excel, let us know in the comment box.
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is there a video on this, if not, pl make a video so that it can be understood very easily.
it is difficult to read and understand. If the same is explained in a video it can be understood very easily.
Hello N R RAVINDREA!
Thank you for your suggestion. We are taking this into concern. And, You can share your Excel-related problems in an email at [email protected]
Thank You!
How can we roundUp to first decimal in cell formatting itself (without using formulae)?
E.g
1. If I write 44.41 it show 44.5
2. If I write 44.45 it shows 44.5
3. If I write 44.49 it show 44.5
Hello ISH SHARMA!
You can increase and decrease decimal digits from the format options. But Through this, it will round to the nearest decimal. Suppose, when you round the value 44.41, it will be rounded to 44.4, not 44.5 and for the value 44.45, it will become 44.5.
To use this method,
>> Select the cell.
>> Go to the Home tab in the top ribbon.
>> Here, in the Number menu, click on the “Increase Decimal” icon to increase the decimal digits after the point, and click on the “Decrease Decimal” to decrease the decimal digits.
I hope, your problem will be solved in this way. You can share more problems in an email at [email protected]