Edit

DOLLARDE

  • Article

Converts a dollar price expressed as an integer part and a fraction part, such as 1.02, into a dollar price expressed as a decimal number. Fractional dollar numbers are sometimes used for security prices.

Syntax

DOLLARDE(<fractional_dollar>, <fraction>)

Parameters

Term Definition
fractional_dollar A number expressed as an integer part and a fraction part, separated by a decimal symbol.
fraction The integer to use in the denominator of the fraction.

Return Value

The decimal value of fractional_dollar.

Remarks

  • The fraction part of the value is divided by an integer that you specify. For example, if you want your price to be expressed to a precision of 1/16 of a dollar, you divide the fraction part by 16. In this case, 1.02 represents \$1.125 (\$1 + 2/16 = \$1.125).

  • fraction is rounded to the nearest integer.

  • An error is returned if:

    • fraction < 1.

  • This function is not supported for use in DirectQuery mode when used in calculated columns or row-level security (RLS) rules.

Example

The following DAX query:

EVALUATE
{
  DOLLARDE(1.02, 16)
}

Returns 1.125, the decimal price of the original fractional price, 1.02, read as 1 and 2/16. Since the fraction value is 16, the price has a precision of 1/16 of a dollar.