Q: What is the rule with rounding 50 cents?

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if the amount is in dollars, rounding to 2 dp: $1018.52 If the amount is in cents, rounding to 0 dp: ¢1019

Yes, if you are rounding to the nearest ten. No, if you are rounding to the nearest whole number.

$266.67 (using the usual rounding rule of rounding up if the value is 5 or greater)

1/8 of $1 = 17.5 cents = 18 cents (general consensus in currancy is rounding up)

44 x 50 cents = 2200 cents or 22 dollars.

Related questions

599999 if rounding to the nearest 300000 with no rounding up to the nearest 300000 multiple. Granted normally you would not define your rounding rule that way, but there is no fixed rounding rule.

50 cents is 50 cents anywhere

It would be 50. In rounding up, we add one and truncate the digits after the decimal point. In rounding down, we just truncate the digits. http://en.wikipedia.org/wiki/Rounding#Common_method

50 cents of 100 cents is 50% or 1/2.

Rounding does away with unnecessary detail and thereby makes calculations easier.

Yes $0.50 is the same as 50 cents

if the amount is in dollars, rounding to 2 dp: $1018.52 If the amount is in cents, rounding to 0 dp: ¢1019

50 percent of 20 cents = 10 cents

Yes, if you are rounding to the nearest ten. No, if you are rounding to the nearest whole number.

1/8 of $1 = 17.5 cents = 18 cents (general consensus in currancy is rounding up)

$266.67 (using the usual rounding rule of rounding up if the value is 5 or greater)

Yes. 50 cents of a dollar is 50 percent of a dollar.