Cell format to round off to thousands, millions, billions (2024)

Excel 365

Many of us live in the information space with the calculations performed with precise data expressed in cents or even more granular amounts. Still, it is advisable to present them in thousands or even millions in presentations and reports.

You can work in Excel with already rounded data, bearing in mind that the data in such columns represent thousands or millions of units. Moreover, you can specify the rounding unit in the column name. For example:

Cell format to round off to thousands, millions, billions (1)

However, for precise calculations, the data must be in cents. Excel provides a very convenient mechanism for storing data in cents or even smaller values but displaying it in a format convenient for you. For example:

Cell format to round off to thousands, millions, billions (2)

To create a custom format for displaying (not storing!) your data, do the following:

1. Select the cell or cell range to round off.

2. Do one of the following:

  • Right-click on the selection and choose Format Cells... in the popup menu:

    Cell format to round off to thousands, millions, billions (3)

  • On the Home tab, in the Number group, click the dialog box launcher:

    Cell format to round off to thousands, millions, billions (4)

3. In the Format Cells dialog box:

Notes:

  1. Excel displays the details for the type in the Type text box.
  2. You can add the currency sign to the cell format.
  3. If you want to show one or two digits in the decimal places, you can add them after point:

    Cell format to round off to thousands, millions, billions (6)

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Cell format to round off to thousands, millions, billions (7)

How to change cells format easily

When working with data and formulas in Excel, one of the important points is the format of the cells. Data can be presented in completely different ways.

Cell format to round off to thousands, millions, billions (8)

Different rounding effects in Excel

When you work with digits, it's crucial how you round them. It doesn't depend on what exactly you are rounding - decimals, thousands, or millions. You can see very different amounts after summing the figures, rounded in different ways:

Cell format to round off to thousands, millions, billions (9)

Quick way to transform your data without using formulas

Sometimes, especially when you work with a lot of data, you need to transform it. If you need to convert some range of data by dividing or multiplying it, it can be done in Excel in two clicks:

Cell format to round off to thousands, millions, billions (2024)

FAQs

Cell format to round off to thousands, millions, billions? ›

Then right-click on it and select "Format Cells." On the left side, choose "Number" from the Category section. There will be an option for "Custom." You can put in how many decimal places and what formatting you want. Or you can select a type like Millions or Billions.

How do I show 1000000 as 1m in Excel? ›

Right-Click any number you want to convert. Go to Format Cells. In the pop-up window, move to Custom formatting. If you want to show the numbers in Millions, simply change the format from General to 0,,”M”.

How to round up in Excel to nearest 1000000? ›

The ROUNDUP function can also be used to quickly round large numbers up to the nearest thousand or million. For example, if you want to round the number 5,123,456 up to the nearest million, you could use the formula ROUNDUP(5,123,456,6). This would give you the result of 6,000,000.

How do you format cells to millions in Excel? ›

Formatting Numeric Data to “Millions” in Excel
  1. Select the cell you'd like to format. ( ...
  2. Click the ribbon Home, right-click on the cell, then expand the default to show “Format Cells” dialog.
  3. In the Format Cells dialog box, on the Number tab, select Custom, then enter #,, “Million” where it says General.
Jan 16, 2018

How to format large numbers in Excel? ›

Available number formats in Excel
  1. Select a cell or a cell range.
  2. On the Home tab, select Number from the drop-down. Or, you can choose one of these options: Press CTRL + 1 and select Number. Right-click the cell or cell range, select Format Cells… , and select Number. ...
  3. Select the format you want.

How to custom format numbers in Excel? ›

Create a custom format code
  1. On the Home tab, click Number Format. , and then click More Number Formats.
  2. In the Format Cells dialog box, in the Category box, click Custom.
  3. In the Type list, select the number format that you want to customize. ...
  4. In the Type box, make the necessary changes to the selected number format.

How to format numbers in Excel? ›

On the Home tab, in the Number group, click the dialog box launcher next to Number (or just press CTRL+1). In the Category list, click the format that you want to use, and then adjust settings, if necessary.

How to round to billions in Excel? ›

On the left side, choose "Number" from the Category section. There will be an option for "Custom." You can put in how many decimal places and what formatting you want. Or you can select a type like Millions or Billions. Once you have done all of this, hit OK.

How to round off values in Excel? ›

To round the number to the nearest:
  1. Thousand s. Type =ROUND(A1,-3) which equals 1,000. ...
  2. Hundreds. Type =ROUND(A1,-2) which equals 800. ...
  3. Tens. Type =ROUND(A1,-1) which equals 820.
  4. Ones. Type =ROUND(A1,0) which equals 824. ...
  5. Tenths. Type =ROUND(A1,1) which equals 823.8. ...
  6. Hundredths. Type =ROUND(A1,2) which equals 823.78.
  7. Thousandths.

How to format billions in Excel? ›

Right-click on the selected cell(s) and click on "Format Cells" in the context menu. In the Format Cells dialog box, select the "Custom" category. In the "Type" field, enter the following custom number format: #,##,###. Click "OK" to apply the formatting to the selected cell(s).

How do I custom cell format thousands in Excel? ›

to do so, follow these steps:
  1. choose cells you want to change format.
  2. Press Ctrl+1 to open formatting popup (Number tab)
  3. select 'Custom'
  4. Enter this pattern for converting into thousands with K: #,##0.0, "K"
  5. And this pattern for converting into millions with M: #,##0.0,,"M"
Feb 16, 2023

How to format a number in thousands with a comma in Excel? ›

Select the cells that you want to format. On the Home tab, click the Dialog Box Launcher next to Number. On the Number tab, in the Category list, click Number. To display or hide the thousands separator, select or clear the Use 1000 Separator (,) check box.

How do you convert a number to a billion? ›

To begin, let's understand what a billion means: it's a thousand million, or in numerical form, 1,000,000,000. So, to convert a number into billions, you simply divide it by 1,000,000,000. For instance, if you're trying to convert 50,000,000,000, divide it by 1,000,000,000, and voilà, you have 50 billion.

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