num2money

Converts a numeric value to a monetary value string

Description

A simple utility to create a monetary value string representation of a number.

Examples:

   num2money(200) returns '$200'
   num2money(200,'cents') returns '$200.00'
   num2money(-200.34) returns '-$200.34'
   num2money(2000.34) returns '$2,000.34'
   num2money(20000.1023) returns '$20,000.10'

• MATLAB release: MATLAB 7.1.0 (R14SP3)

[John D'Errico]

I imagine this might be useful to some. Good help, with examples. Its got error checks.

A couple of points though. This is misnamed. num2money implies to me that it should be able to handle euros, pesos, yuan, etc. Any kind of money. The output of this is only dollars, which is a bit biased. num2dollars would have been an appropriate name.

The centsflag argument will default to returning the cents, but the help does not state that there is a default, nor what is the default.

[Joseph nonereally]

Have yet to get a penny from this program. When will you be mailing the checks?

[Kenneth Eaton]

Joseph,
  Sorry if you thought this was a Matlab ATM. No cha-ching!

John,
  Good point about the name. I think I'll update it with an extra option to specify the currency. The centsFlag argument is discussed in the help header with the .m file... I just didn't add it to the above description.

[Dimitri Shvorob]

Inefficient: a single sprintf format takes care of each of the two cases (cents/no cents). An appealing effort, though.