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#1
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Multiply currency
I am trying to convert a value in BHD to $. I have the amount in Currency,
BHD, in A1, and I have the type set as Currency, $ in A2. I am typing this formula into A2: =A1*2.65. But I get ##VALUE!##, instead of an amount. Why can I not multiply with currency? |
#2
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Multiply currency
"sorrywm" wrote in message
... I am trying to convert a value in BHD to $. I have the amount in Currency, BHD, in A1, and I have the type set as Currency, $ in A2. I am typing this formula into A2: =A1*2.65. But I get ##VALUE!##, instead of an amount. Why can I not multiply with currency? *VALUE! indicates that the contents of A1 are not in the expected format. In other words, A1 contains something other than a numerical value. My guess is that it's text. You can test for this by putting the formula =ISTEXT(A1) into a spare cell. You can only multiply by 2.65 if you start with a number. Maybe you imported the data in A1 and it's ended up in text format? You should understand there is an essential difference between a number displayed as currency (where the currency symbol is merely part of the display, not the underlying data) and a text string containing letters or symbols and numeric characters. |
#3
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Multiply currency
I checked the format of the cell in question again, just to make sure I was
not seeing things the first time. Sure enough, it is in currency format and still will not multiply. Any clue as to why this is? "Stephen" wrote: "sorrywm" wrote in message ... I am trying to convert a value in BHD to $. I have the amount in Currency, BHD, in A1, and I have the type set as Currency, $ in A2. I am typing this formula into A2: =A1*2.65. But I get ##VALUE!##, instead of an amount. Why can I not multiply with currency? *VALUE! indicates that the contents of A1 are not in the expected format. In other words, A1 contains something other than a numerical value. My guess is that it's text. You can test for this by putting the formula =ISTEXT(A1) into a spare cell. You can only multiply by 2.65 if you start with a number. Maybe you imported the data in A1 and it's ended up in text format? You should understand there is an essential difference between a number displayed as currency (where the currency symbol is merely part of the display, not the underlying data) and a text string containing letters or symbols and numeric characters. |
#4
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Multiply currency
Curiously, when I try the ISTEXT(A1) test, I get TRUE, but when I go to
"Format Cells" for A1, it shows that it is in Currency format. Why? "Stephen" wrote: "sorrywm" wrote in message ... I am trying to convert a value in BHD to $. I have the amount in Currency, BHD, in A1, and I have the type set as Currency, $ in A2. I am typing this formula into A2: =A1*2.65. But I get ##VALUE!##, instead of an amount. Why can I not multiply with currency? *VALUE! indicates that the contents of A1 are not in the expected format. In other words, A1 contains something other than a numerical value. My guess is that it's text. You can test for this by putting the formula =ISTEXT(A1) into a spare cell. You can only multiply by 2.65 if you start with a number. Maybe you imported the data in A1 and it's ended up in text format? You should understand there is an essential difference between a number displayed as currency (where the currency symbol is merely part of the display, not the underlying data) and a text string containing letters or symbols and numeric characters. |
#5
Posted to microsoft.public.excel.misc
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Multiply currency
Format shows that the cell is prepared to accept a value as currency,
not that it actually contains a currency value. For instance, if you were to type "Fred" into the cell, there is no way that Excel could intrerpret that as currency, but the format would not change. Moreover, changing the format changes only the display (if possible), not the value in the cell, so if the data was originally entered as text, changing the format to currency will not change the value from text to a number even if Excel knew how to interpret it as numeric (unlike the "Fred" example). Some ways to convert text to a numeric value (where possible) are - Select the cell, move the cursor to the formula bar, and press enter (effectivly re-entering the value) (requires that the cell not have a text format, but you said it doesn't) - copy an empty cell, select the cell in question and Edit|Paste Special|Add Jerry sorrywm wrote: Curiously, when I try the ISTEXT(A1) test, I get TRUE, but when I go to "Format Cells" for A1, it shows that it is in Currency format. Why? "Stephen" wrote: "sorrywm" wrote in message ... I am trying to convert a value in BHD to $. I have the amount in Currency, BHD, in A1, and I have the type set as Currency, $ in A2. I am typing this formula into A2: =A1*2.65. But I get ##VALUE!##, instead of an amount. Why can I not multiply with currency? *VALUE! indicates that the contents of A1 are not in the expected format. In other words, A1 contains something other than a numerical value. My guess is that it's text. You can test for this by putting the formula =ISTEXT(A1) into a spare cell. You can only multiply by 2.65 if you start with a number. Maybe you imported the data in A1 and it's ended up in text format? You should understand there is an essential difference between a number displayed as currency (where the currency symbol is merely part of the display, not the underlying data) and a text string containing letters or symbols and numeric characters. |
#6
Posted to microsoft.public.excel.misc
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Multiply currency
Thank you very much for your help. I realized after reading your post that I
should have checked to see whether the person entering the data had typed in the "BHD" I saw before the value, or whether that displayed because it was selected as the currency. I re-entered the value without the text preceding it, and was then able to multiply. "Jerry W. Lewis" wrote: Format shows that the cell is prepared to accept a value as currency, not that it actually contains a currency value. For instance, if you were to type "Fred" into the cell, there is no way that Excel could intrerpret that as currency, but the format would not change. Moreover, changing the format changes only the display (if possible), not the value in the cell, so if the data was originally entered as text, changing the format to currency will not change the value from text to a number even if Excel knew how to interpret it as numeric (unlike the "Fred" example). Some ways to convert text to a numeric value (where possible) are - Select the cell, move the cursor to the formula bar, and press enter (effectivly re-entering the value) (requires that the cell not have a text format, but you said it doesn't) - copy an empty cell, select the cell in question and Edit|Paste Special|Add Jerry sorrywm wrote: Curiously, when I try the ISTEXT(A1) test, I get TRUE, but when I go to "Format Cells" for A1, it shows that it is in Currency format. Why? "Stephen" wrote: "sorrywm" wrote in message ... I am trying to convert a value in BHD to $. I have the amount in Currency, BHD, in A1, and I have the type set as Currency, $ in A2. I am typing this formula into A2: =A1*2.65. But I get ##VALUE!##, instead of an amount. Why can I not multiply with currency? *VALUE! indicates that the contents of A1 are not in the expected format. In other words, A1 contains something other than a numerical value. My guess is that it's text. You can test for this by putting the formula =ISTEXT(A1) into a spare cell. You can only multiply by 2.65 if you start with a number. Maybe you imported the data in A1 and it's ended up in text format? You should understand there is an essential difference between a number displayed as currency (where the currency symbol is merely part of the display, not the underlying data) and a text string containing letters or symbols and numeric characters. |
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