In many areas, rounding that accurately follows specific rules are needed - accounting, statistics, insurance, etc.
Unfortunately, the native functions of VBA that can perform rounding are either missing, limited, inaccurate, or buggy, and all address only a single rounding method. The upside is that they are fast, and that may in some situations be important.
However, often precision is mandatory, and with the speed of computers today, a little slower processing will hardly be noticed, indeed not for processing of single values. All the functions presented here run at about 1 µs.
They cover the normal rounding methods:
The first three functions accept all the numeric data types, while the last exists in three varieties - for Currency, Decimal, and Double respectively.
They all accept a specified count of decimals - including a negative count which will round to tens, hundreds, etc. Those with Variant as return type will return Null for incomprehensible input.
More than ten years ago, Donald Lessau created a site dealing with Visual Basic issues: VBspeed. One of these issues was to create a replacement for Round which was (and still is) buggy, though fast. Also, it could (and still can) only perform Banker's Rounding which may not be what you expect when you look for 4/5 rounding. Several suggestions were put forward, one extremely simple using Format; but string handling, as it is, is not very fast, so other solutions were thought out, all more or less wrapped around Int(Value + 0.5). They can all be found here.
If you are convinced that Round is not buggy, just try this simple example:
RoundedValue = Round(32.675, 2)
It will return 32.67 while both a normal 4/5 rounding as well as Banker's Rounding would return 32.68.
Today, computers are much faster, and while Round is very fast, it will in many cases be preferable with a function that is a bit slower if it on the other hand always returns the expected result.
So - from these old contributions - I've brushed up the old 4/5 rounding function with an option for choosing Banker's Rounding, and added sibling functions for rounding up or down (also with options) with focus on the ability to correctly handle as wide a range of input values as possible. Still, they run at about 1 µs. Finally, for completeness and because it is quite different from the other functions, a function for rounding to significant figures was added.
It's important to stress, that there is no right or wrong rounding method, thus it makes no sense to argue why Mid Rounding away from zero is "better" than Banker's Rounding. What's important, however, is to know how each method operates, so you can choose the optimum method for the current task.
It can be useful to list examples that shows the differences between the different rounding methods and how they act upon positive as well as negative values. Here are just a few:
|rounding method||value n|
|RoundUp(n, 2, False)||12.35||12.35||12.35||12.36||12.36||12.36|
|RoundUp(n, 2, True)||12.35||12.35||12.35||12.36||12.36||12.36|
|RoundDown(n, 2, False)||12.34||12.34||12.34||12.35||12.35||12.35|
|RoundDown(n, 2, True)||12.34||12.34||12.34||12.35||12.35||12.35|
|RoundMid(n, 2, False)||12.34||12.35||12.35||12.35||12.36||12.36|
|RoundMid(n, 2, True)||12.34||12.34||12.35||12.35||12.36||12.36|
|RoundSignificantDec(n, 4, , False)||12.34||12.35||12.35||12.35||12.36||12.36|
|RoundSignificantDec(n, 4, , True)||12.34||12.34||12.35||12.35||12.36||12.36|
|RoundUp(n, 2, False)||-12.34||-12.34||-12.34||-12.35||-12.35||-12.35|
|RoundUp(n, 2, True)||-12.35||-12.35||-12.35||-12.36||-12.36||-12.36|
|RoundDown(n, 2, False)||-12.35||-12.35||-12.35||-12.36||-12.36||-12.36|
|RoundDown(n, 2, True)||-12.34||-12.34||-12.34||-12.35||-12.35||-12.35|
|RoundMid(n, 2, False)||-12.34||-12.35||-12.35||-12.35||-12.36||-12.36|
|RoundMid(n, 2, True)||-12.34||-12.34||-12.35||-12.35||-12.36||-12.36|
|RoundSignificantDec(n, 4, , False)||-12.34||-12.35||-12.35||-12.35||-12.36||-12.36|
|RoundSignificantDec(n, 4, , True)||-12.34||-12.34||-12.35||-12.35||-12.36||-12.36|
More examples can be found in the two modules in the code with suffix Test.
The main function - rounding by 4/5 - goes like this. Please note the in-line comments for details:
' Common constants. ' ' Base values. Public Const Base2 As Double = 2 Public Const Base10 As Double = 10 ' Rounds Value by 4/5 with count of decimals as specified with parameter NumDigitsAfterDecimal. ' ' Rounds to integer if NumDigitsAfterDecimal is zero. ' ' Rounds correctly Value until max/min value limited by a Scaling of 10 ' raised to the power of (the number of decimals). ' ' Uses CDec() to prevent bit errors of reals. ' ' Execution time is about 1µs. ' ' 2018-02-09. Gustav Brock, Cactus Data ApS, CPH. ' Public Function RoundMid( _ ByVal Value As Variant, _ Optional ByVal NumDigitsAfterDecimal As Long, _ Optional ByVal MidwayRoundingToEven As Boolean) _ As Variant Dim Scaling As Variant Dim Half As Variant Dim ScaledValue As Variant Dim ReturnValue As Variant ' Only round if Value is numeric and ReturnValue can be different from zero. If Not IsNumeric(Value) Then ' Nothing to do. ReturnValue = Null ElseIf Value = 0 Then ' Nothing to round. ' Return Value as is. ReturnValue = Value Else Scaling = CDec(Base10 ^ NumDigitsAfterDecimal) If Scaling = 0 Then ' A very large value for NumDigitsAfterDecimal has minimized scaling. ' Return Value as is. ReturnValue = Value ElseIf MidwayRoundingToEven Then ' Banker's rounding. If Scaling = 1 Then ReturnValue = Round(Value) Else ' First try with conversion to Decimal to avoid bit errors for some reals like 32.675. ' Very large values for NumDigitsAfterDecimal can cause an out-of-range error when dividing. On Error Resume Next ScaledValue = Round(CDec(Value) * Scaling) ReturnValue = ScaledValue / Scaling If Err.Number <> 0 Then ' Decimal overflow. ' Round Value without conversion to Decimal. ReturnValue = Round(Value * Scaling) / Scaling End If End If Else ' Standard 4/5 rounding. ' Very large values for NumDigitsAfterDecimal can cause an out-of-range error when dividing. On Error Resume Next Half = CDec(0.5) If Value > 0 Then ScaledValue = Int(CDec(Value) * Scaling + Half) Else ScaledValue = -Int(-CDec(Value) * Scaling + Half) End If ReturnValue = ScaledValue / Scaling If Err.Number <> 0 Then ' Decimal overflow. ' Round Value without conversion to Decimal. Half = CDbl(0.5) If Value > 0 Then ScaledValue = Int(Value * Scaling + Half) Else ScaledValue = -Int(-Value * Scaling + Half) End If ReturnValue = ScaledValue / Scaling End If End If If Err.Number <> 0 Then ' Rounding failed because values are near one of the boundaries of type Double. ' Return value as is. ReturnValue = Value End If End If RoundMid = ReturnValue End Function
Using it requires nothing more than importing (or copy/paste) the module RoundingMethods included in the zip into your project. Then the functions can be used in a similar way that you would use Round:
RoundedValue = RoundMid(32.675, 2)
However, it performs a normal 4/5 by default, and optionally Banker's Rounding.
It is supplemented by the rounding up or down functions:
These act basically like -Int(-n) or Int(n) but also feature an option for rounding away from zero or towards zero respectively (see the example results above).
Rounding to significant figures is somewhat different, though scaling and rounding still is an essential part:
' Rounds Value to have significant figures as specified with parameter Digits. ' ' Performs no rounding if Digits is zero. ' Rounds to integer if NoDecimals is True. ' Digits can be any value between 1 and 14. ' ' Will accept values until about max/min Value of Double type. ' At extreme values (beyond approx. E+/-300) with significant ' figures of 10 and above, rounding is not 100% perfect due to ' the limited precision of Double. ' ' For rounding of values within the range of type Decimal, use the ' function RoundSignificantDec. ' ' Requires: ' Function Log10. ' ' 2018-02-09. Gustav Brock, Cactus Data ApS, CPH. ' Public Function RoundSignificantDbl( _ ByVal Value As Double, _ ByVal Digits As Integer, _ Optional ByVal NoDecimals As Boolean, _ Optional ByVal MidwayRoundingToEven As Boolean) _ As Double Dim Exponent As Double Dim Scaling As Double Dim Half As Variant Dim ScaledValue As Variant Dim ReturnValue As Double ' Only round if result can be different from zero. If (Value = 0 Or Digits <= 0) Then ' Nothing to round. ' Return Value as is. ReturnValue = Value Else ' Calculate scaling factor. Exponent = Int(Log10(Abs(Value))) + 1 - Digits If NoDecimals = True Then ' No decimals. If Exponent < 0 Then Exponent = 0 End If End If Scaling = Base10 ^ Exponent If Scaling = 0 Then ' A very large value for Digits has minimized scaling. ' Return Value as is. ReturnValue = Value Else ' Very large values for Digits can cause an out-of-range error when dividing. On Error Resume Next ScaledValue = CDec(Value / Scaling) If Err.Number <> 0 Then ' Return value as is. ReturnValue = Value Else ' Perform rounding. If MidwayRoundingToEven = False Then ' Round away from zero. Half = CDec(Sgn(Value) / 2) ReturnValue = CDbl(Fix(ScaledValue + Half)) * Scaling Else ' Round to even. ReturnValue = CDbl(Round(ScaledValue)) * Scaling End If If Err.Number <> 0 Then ' Rounding failed because values are near one of the boundaries of type Double. ' Return value as is. ReturnValue = Value End If End If End If End If RoundSignificantDbl = ReturnValue End Function ' Returns Log 10 of Value. ' ' 2018-02-09. Gustav Brock, Cactus Data ApS, CPH. ' Public Function Log10( _ ByVal Value As Double) _ As Double ' No error handling as this should be handled ' outside this function. ' ' Example: ' ' If MyValue > 0 then ' LogMyValue = Log10(MyValue) ' Else ' ' Do something else ... ' End If Log10 = Log(Value) / Log(Base10) End Function
For all functions, note that potential floating point errors are avoided by casting to Decimal with CDec.
If you wish to study the peculiars of the native Round, then study the module RoundingMethodsTest where a lot of values and results can be found. Also, should you wish to modify a function for your specific purpose, as a minimum it should pass the test included in the test module.
Also, a lot of variations is possible using the functions as a base.
For example, given the value n = 128.19:
Round to the nearest quarter (0.25):
RoundedValued = RoundMid(n / 0.25) * 0.25 RoundedValued -> 128.25
Round up to the nearest "bargain price"
RoundedValue = RoundUp(n) - 0.01 RoundedValue -> 128.99
Round to the nearest integer 5:
RoundedValue = RoundMid(n / 5) * 5 RoundedValue = 130.00
The current version can always be found at GitHub.
The version 1.3.2 demo files for Office 365 is here:
My other articles on rounding:Round elements of a sum to match a total
I hope you found this article useful. You are encouraged to ask questions, report any bugs or make any other comments about it below.
Note: If you need further "Support" about this topic, please consider using the Ask a Question feature of Experts Exchange. I monitor questions asked and would be pleased to provide any additional support required in questions asked in this manner, along with other EE experts.
Please do not forget to press the "Thumbs Up" button if you think this article was helpful and valuable for EE members.
Have a question about something in this article? You can receive help directly from the article author. Sign up for a free trial to get started.