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Jerry W. Lewis Jerry W. Lewis is offline
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Default VB Function Round vs Excel function Round not behaving the sam

What MS calls "banker's rounding" has been considered best practice for at
least a century, and is specified by ASTM, IEEE (in its binary equivalent)
and many other standards bodies.

It is sometimes called "unbiased rounding" because it rounds to the nearest
rounded number with ties going up or down to make an even rounded number,
thus avoiding the small bias introduced by always rounding 5's up.

What does strike me as funny is how it ever came to be called "banker's
rounding" since as far as I can tell, banking and finance is about the only
area where it seems to never be used.

Jerry

"Bud" wrote:

Thank you for the reply, very usefull !!

It would have been nice from microsoft to include such information in the
help of VBA in office 2003, since it has been know for a while...

The help is not explicite on how it is rounding numbers.
(banker's rounding, Its funny)
--
Bud