What does it mean to round to the nearest dollar?

The dollar is the currency used in the USA, Canada, Australia, and many more countries.

Answer: Round to the nearest dollar means approx value or round off value to given dollar rate.

In other words, round to the nearest dollar defines converting a dollar to its nearest whole number value.

Explanation:

If the calculated cents are less than 50, the cents are left out of the rounded number.

If the cents equal or exceed 50, then the whole dollar portion is increased by one.

Let's consider an example,

$12.56, rounded to the nearest dollar is $13

$9.45, rounded to the nearest dollar is $9

Therefore, round to nearest dollar means approx value or round off value to given dollar rate.