How to Convert Text to Currency in Excel – 5 Methods

Method 1 – Applying Cell Formatting

Steps:

  • Choose the cell range containing text data. Here, C5:C10.
  • Go to the Home tab and, select Number.
  • Choose Currency.

applying currency format to convert text to currency in excel

All text data will be converted to currency.

applying cell formatting to convert text to currency in excel


Method 2 – Using Error Checking

Steps:

  • Select C5 to display the error checking sign.

  • Click the error checking sign, and select Convert to the Number.
  • Text will be converted into a number.

using error checking to convert text to currency in excel

  • Repeat the process for the rest of the cells.

  • Select C5:C10.
  • Go to the Home tab.
  • In Number, select Currency.

applying currency format to convert text to currency in excel

Text will be converted to currency.


Method 3 – Using the Text to Columns Option

Steps:

  • Select C5:C10.
  • Go to the Data tab.
  • Select Data Tools and choose Text to Columns.

applying text to columns option to convert text to currency in excel

  • In the Convert text to columns wizard, choose Delimited.
  • Select Next.

  • Check Tab.
  • Click Next.

  • Check General.
  • Click Finish.

Text will turn into a number.

  • Apply the same procedure to all cells.
  • Select the range again.
  • Go to the Home tab and in Number, choose Currency.

inserting currency format to convert text to currency in excel

Text will be converted into currency.


Method 4 – Utilizing the Paste Special Option

Steps:

  • Select D5 and copy it by pressing Ctrl + C.

copying empty cell to convert text to currency in excel

  • Select C5:C10.
  • Right-click it.
  • Choose Paste Special.

applying paste special command to convert text to currency in excel

  • In the dialog box, choose Add.
  • Click OK.

  • Data in C5:C10 will turn into numbers.
  • Select the range again.
  • Go to the Home tab and in Number, select Currency.

applying currency format to convert text to currency in excel

This is the output.


Method 5 – Applying the VALUE Function

Steps:

  • Select D5 and enter the following formula.
=VALUE(C5)
  • Press Enter.

applying the value function to convert text to currency in excel

The function will turn the text into a number.

  • Drag down the Fill Handle to see the result in the rest of the cells.

  • Select C5:C10.
  • Go to the Home tab and choose Number.
  • Select Currency.

implementing currency format to convert text to currency in excel

Data will be converted to currency.


How to Convert Text to Numbers in Excel

Steps:

  • Select the cell range to convert. Here, C5:C10.
  • Go to the Home tab and select Number.
  • Choose Number.

Text data will be replaced with numbers.


How to Bulk Convert Text to Number in Excel

Steps:

  • Select an empty cell, here D5, and press Ctrl+C to copy it.

  • Then, choose the cells in the range C5:C10 and right-click.
  • From the list, select the Paste Special command.

  • In the Paste Special dialog box, choose Add option.
  • Click OK.

Texts will be converted to numbers.


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Download the practice workbook here.


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Adnan Masruf
Adnan Masruf

Adnan Masruf, holding a BSc in Naval Architecture & Engineering from Bangladesh University of Engineering and Technology, plays a pivotal role as an Excel & VBA Content Developer at ExcelDemy. His deep passion for research and innovation seamlessly aligns with his dedication to Excel. In this capacity, Masruf not only skillfully addresses challenging issues but also exhibits enthusiasm and expertise in gracefully navigating intricate situations, underscoring his steadfast commitment to consistently delivering exceptional content. His interests... Read Full Bio

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