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MROUND

MROUND rounds a number to the nearest specified multiple. If the remainder when dividing by the multiple is at least half the multiple, it rounds up; otherwise it rounds down. Use it to snap prices, durations, or measurements to a grid.

Excel
=MROUND(A2,0.25)
Google Sheets
=MROUND(A2,0.25)

Verified example

Computed by a real spreadsheet engine on the sample data below.

PriceRounded
1.37
2.63
4.11
0.88

=MROUND(A2,0.25)1.25

Try it with your data

Edit the grid or formula, then run it through a real spreadsheet engine — no signup.

Sample data — click any cell to edit

Runs server-side · free · no signup

How it works

  1. 1A2 is the number you want to round (e.g. 1.37).
  2. 20.25 is the multiple to round to — the result will be a multiple of 0.25.
  3. 3MROUND returns the nearest multiple, so 1.37 rounds to 1.25 and 1.38 rounds to 1.50.

Need a version for your data?

Try: “Round my price values to the nearest quarter dollar

Written and reviewed by FormulaCraft Team. Each formula on this page is run through our verification engine before publishing.

Last reviewed: