VBA FORMATCURRENCY Function (Syntax + Example)

Last Updated: June 22, 2023
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- Written by Puneet

The VBA FORMATCURRENCY function is listed under the data type conversion category of VBA functions. When you use it in a VBA code, it returns a string by applying currency format to a number. In simple words, you can convert a number into a value in which currency format is applied.

Syntax

FormatCurrency(Expression,[NumDigitsAfterDecimal],[IncludeLeadingDigit],[UseParensForNegativeNumbers],[GroupDigits])

Arguments

  • Expression: The numeric value which you want to format as currency.
  • [NumDigitsAfterDecimal]: A numeric value to specify the decimals [This is an optional argument and if omitted -1 by default].
  • [IncludeLeadingDigit]: An enumeration value to specify whether a leading zero should be displayed [This is an optional argument and if omitted vbUseDefault by default].
    • vbFalse: To not to a leading zero.
    • vbTrue: Display a leading zero.
    • vbUseDefault: Use the default settings.
  • [UseParensForNegativeNumbers]: An enumeration value to specify whether negative numbers should be encased in parentheses [This is an optional argument and if omitted vbUseDefault by default].
    • vbFalse: To not encase negative numbers in parentheses.
    • vbTrue: Encase negative numbers in parentheses.
    • vbUseDefault: Use the default settings.
  • [GroupDigits]: n enumeration value to specify whether the number should be grouped (into thousands, etc.), using the group delimiter that is specified on the computer’s regional settings [This is an optional argument, and if omitted vbUseDefault by default].
    • vbFalse: To not use group digits.
    • vbTrue: To use group digits.
    • vbUseDefault: Use the default computer settings.

Example

To practically understand how to use VBA FORMATCURRENCY function, you need to go through the below example where we have written a vba code by using it:

example-vba-format-currency-function
Sub example_FORMATCURRENCY()
Range("B1").Value = FormatCurrency(Range("A1"))
End Sub

In the above code, we have used FORMATCURRENCY to convert the value in cell A1 into a currency value and it has returned it in cell B1 with the dollar sign.

Notes

  • The currency symbol used depends on system settings.
  • If the value specified is a value other than a number or a string that can’t be recognized as a number, VBA will return the run-time 13 error.