The DOLLARDE function does the opposite conversion.
8 = 1/8, 16 = 1/16, 32 = 1/32, etc.
TheDOLLARFR functiondoes the opposite conversion.
DOLLARFR Function
The Excel DOLLARFR function converts a dollar price in a regular decimal number format to a dollar price in a particular fractional notation used for securities where pricing is given to the nearest 1/8, 1/16, 1/32, etc. The DOLLARDE function does the opposite conversion.
