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# FLOOR.PRECISE Function

## Rounds a number down to the nearest multiple of significance. If significance is zero, returns zero.

 by Charley Kyd, MBAMicrosoft Excel MVP, 2005-2014 The Father of Spreadsheet Dashboard Reports

Syntax

FLOOR.PRECISE(number, significance)

• number  Required. The number to be rounded down.
• significance Optional. The multiple to which the number is rounded. If omitted, the default value is 1.

Applies To

Excel 2010 and above

In Excel, numbers can "round" in two ways.

First, they can round up or down. With this type of rounding, numbers get larger when they are rounded up, and smaller when they are rounded down.

Second, numbers can round towards zero or away from zero. When positive numbers are rounded towards zero, they get smaller; when negative numbers are rounded towards zero, they get larger.

Although Microsoft uses "round up" and "round down" to describe both types of rounding, we use "round up" or "round down" to describe the first type of rounding. And we use "round towards zero" or "round away from zero" to describe the second type.

Remarks

The CEILING.PRECISE function returns the same results as this this formula:

=INT(number/ABS(significance))*ABS(significance)

FLOOR and FLOOR.PRECISE work identically, with these exceptions:

• Unlike FLOOR, the significance argument is optional with FLOOR.PRECISE. When it's omitted, its default value is 1.
• Unlike FLOOR, the significance argument doesn't need to be negative when the number argument is negative. This is because FLOOR.PRECISE uses the absolute value of the significance argument in its calculation.

The reason for the "precise" term in the "FLOOR.PRECISE" name isn't obvious.

Examples

You can download this example workbook here, along with all other example workbooks I've completed for this Excel help area. Both FLOOR and FLOOR.PRECISE round positive numbers downward (towards zero), making the number smaller. FLOOR requires the significance argument. FLOOR.PRECISE does not. When the significance value is omitted, its default value is 1. For a negative number, FLOOR requires that the sign of the significance argument also be a negative number. FLOOR.PRECISE does not. Both FLOOR and FLOOR.PRECISE round negative numbers downward (away from zero). These examples illustrate how FLOOR.PRECISE returns different results when different values are used for the significance argument. The Remarks above show how FLOOR.PRECISE calulates these values.

Other Help

Related Functions

In total, Excel 2013 offers 15 functions that round data in various ways. Here's a summary of Excel's rounding functions.   