Excel Formulas To use Cash denomination calculator in Excel!!
Tags: excelformula, excelformulas
Published: 2021-11-03 02:28:10

---
title: Excel Formulas To use Cash denomination calculator in Excel!!
published: true
date: 2021-11-02 07:03:55 UTC
tags: ExcelFormula,Excelformulas
canonical_url: https://geekexcel.com/excel-formulas-to-use-cash-denomination-calculator-in-excel/
---

With the  **INT function**  in combination with functions like  **SUMPRODUCT** , we can do the cash denomination calculator to perform different calculations. This tutorial will walk through the steps to dynamically reference a set of data in other functions. Let’s see the simple formula used for the **cash denomination calculator ** in Excel. Get an official version of ** MS Excel**  from the following link: [https://www.microsoft.com/en-in/microsoft-365/excel](https://www.microsoft.com/en-in/microsoft-365/excel)

## Generic Formula

- Use the below-mentioned formula to use cash denomination calculator.

```
=[INT](https://geekexcel.com/how-to-use-excel-int-function-in-office-365-with-examples/)((amount-[SUMPRODUCT](https://geekexcel.com/how-to-use-sumproduct-function-with-criteria-in-excel/)(denoms,counts))/currentdenom)

```

## Syntax Explanation

- **INT** – The **[INT function](https://geekexcel.com/how-to-use-excel-int-function-in-office-365-with-examples/)** will round a given integer number down to the nearest integer.
- **SUMPRODUCT ** – This function helps to multiply the corresponding arrays or ranges and returns the sum of the products. Read more on the **[SUMPRODUCT Function](https://geekexcel.com/how-to-use-sumproduct-function-with-criteria-in-excel/)**.
- **Parenthesis () – **The main purpose of this symbol is to group the elements.
- **Comma symbol (,)** – It is a separator which helps to separate a list of values.
- **Minus Operator (-)** – This symbol will help to subtract any two values.
- **Division (/)** – It is used for dividing values or numbers.

## Practical Examples

- Firstly, you have to  **create a sample data**  in Excel.

![](https://geekexcel.com/wp-content/uploads/2021/11/Sample-data-8.png)
_Sample data_

- Then, to calculate required currency denominations, you need to use the following formula in **[formula bar](https://geekexcel.com/how-to-use-formula-bar-for-various-purpose-in-excel-365/)**.

```
=[INT](https://geekexcel.com/how-to-use-excel-int-function-in-office-365-with-examples/)(($B5-[SUMPRODUCT](https://geekexcel.com/how-to-use-sumproduct-function-with-criteria-in-excel/)($C$4:C$4,$C5:C5))/D$4)

```

![](https://geekexcel.com/wp-content/uploads/2021/11/Use-the-Formula-9.png)
_Use the Formula_

- Now, you have to  **Hit the Enter key**  to get the result as shown below in the  **cell C5**.

![](https://geekexcel.com/wp-content/uploads/2021/11/Result-for-cell-C5-1.png)
_Result for the cell C5_

- Finally, you need to  **press Ctrl+D key**  to get the results in all other columns.

![](https://geekexcel.com/wp-content/uploads/2021/11/Final-Output-4.png)
_Final Output_

## Closing Words

Here, we have described the simple  **formulas for**   **the cash denomination calculator in Excel**. I hope this article helps you. Feel free to ask back any  **questions**  and let us know how it goes. I will keep working with you until it’s resolved.

Thank you so much for visiting  **[Geek Excel](https://geekexcel.com/)!! **If you want to learn more helpful formulas, check out [**Excel Formulas**](https://geekexcel.com/excel-formula/) **!!**

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