Excel like a finance pro.
← The libraryPractice · 3 questions →
Math function
MROUND
Rounds a number to the nearest multiple you specify, like the nearest 5 or 0.25.
CommonDifficulty 1100 · ProficientUsage rank #139 of 520
When to use it
Rounds to the nearest multiple of any number, not just powers of ten. Time to the nearest 15 minutes, prices to the nearest 0.25, quantities to pack sizes.
The shape of it
- Syntax
=MROUND(number, multiple)
Worked examples
Nearest five
=MROUND(23,5) → 25
Nearest multiple of 5.
Nearest quarter
=MROUND(7.3,0.25) → 7.25
Works with fractional multiples.
Nearest 15 minutes
=MROUND(A1,"0:15") → 9:45
A1 holds 9:52. Times are numbers, so text times work as the multiple.
Worth knowing
- Both arguments must have the same sign: MROUND(-23,-5) is -25.
- For always-up or always-down to a multiple, use CEILING.MATH and FLOOR.MATH.
- MROUND(x,1) is the same as ROUND(x,0).
Where it goes wrong
- #NUM! when number and multiple have different signs.
- Exact halves round away from zero: MROUND(12.5,5) is 15.
Related
Learn the moves here — or let Wauvel run them on your numbers.
Meet your AI CFO →One CFO-grade Excel tip a week
A short, practical email for finance operators — functions, shortcuts, and the moves that save an afternoon. Free, unsubscribe anytime.