FAST AND EASY

parseFloat(number.toFixed(2))

Example

let number = 2.55435930

let roundedString = number.toFixed(2)    // "2.55"

let twoDecimalsNumber = parseFloat(roundedString)    // 2.55

let directly = parseFloat(number.toFixed(2))    // 2.55

Round down

function round_down(value, decPlaces) {
    return Math.floor(value * Math.pow(10, decPlaces)) / Math.pow(10, decPlaces);
}

Round up

function round_up(value, decPlaces) {
    return Math.ceil(value * Math.pow(10, decPlaces)) / Math.pow(10, decPlaces);
}

Round nearest

function round_nearest(value, decPlaces) {
    return Math.round(value * Math.pow(10, decPlaces)) / Math.pow(10, decPlaces);
}

Merged https://stackoverflow.com/a/7641824/1889449 and https://www.kirupa.com/html5/rounding_numbers_in_javascript.htm Thanks them.

Building on top of Christian C. Salvadó's answer, doing the following will output a Number type, and also seems to be dealing with rounding well:

const roundNumberToTwoDecimalPlaces = (num) => Number(new Intl.NumberFormat('en-US', {
  minimumFractionDigits: 2,
  maximumFractionDigits: 2,
}).format(num));

roundNumberToTwoDecimalPlaces(1.344); // => 1.34
roundNumberToTwoDecimalPlaces(1.345); // => 1.35

The difference between the above and what has already been mentioned is that you don't need the .format() chaining when you're using it[, and that it outputs a Number type].

With these examples you will still get an error when trying to round the number 1.005 the solution is to either use a library like Math.js or this function:

function round(value: number, decimals: number) {
    return Number(Math.round(value + 'e' + decimals) + 'e-' + decimals);
}

Here is my 1-line solution: Number((yourNumericValueHere).toFixed(2));

Here's what happens:

1) First, you apply .toFixed(2) onto the number that you want to round off the decimal places of. Note that this will convert the value to a string from number. So if you are using Typescript, it will throw an error like this:

"Type 'string' is not assignable to type 'number'"

2) To get back the numeric value or to convert the string to numeric value, simply apply the Number() function on that so-called 'string' value.

For clarification, look at the example below:

EXAMPLE: I have an amount that has upto 5 digits in the decimal places and I would like to shorten it to upto 2 decimal places. I do it like so:

var price = 0.26453;
var priceRounded = Number((price).toFixed(2));
console.log('Original Price: ' + price);
console.log('Price Rounded: ' + priceRounded);

I got some ideas from this post a few months back, but none of the answers here, nor answers from other posts/blogs could handle all the scenarios (e.g. negative numbers and some "lucky numbers" our tester found). In the end, our tester did not find any problem with this method below. Pasting a snippet of my code:

fixPrecision: function (value) {
    var me = this,
        nan = isNaN(value),
        precision = me.decimalPrecision;

    if (nan || !value) {
        return nan ? '' : value;
    } else if (!me.allowDecimals || precision <= 0) {
        precision = 0;
    }

    //[1]
    //return parseFloat(Ext.Number.toFixed(parseFloat(value), precision));
    precision = precision || 0;
    var negMultiplier = value < 0 ? -1 : 1;

    //[2]
    var numWithExp = parseFloat(value + "e" + precision);
    var roundedNum = parseFloat(Math.round(Math.abs(numWithExp)) + 'e-' + precision) * negMultiplier;
    return parseFloat(roundedNum.toFixed(precision));
},

I also have code comments (sorry i forgot all the details already)...I'm posting my answer here for future reference:

9.995 * 100 = 999.4999999999999
Whereas 9.995e2 = 999.5
This discrepancy causes Math.round(9.995 * 100) = 999 instead of 1000.
Use e notation instead of multiplying /dividing by Math.Pow(10,precision).

You could also use the .toPrecision() method and some custom code, and always round up to the nth decimal digit regardless the length of int part.

function glbfrmt (number, decimals, seperator) {
    return typeof number !== 'number' ? number : number.toPrecision( number.toString().split(seperator)[0].length + decimals);
}

You could also make it a plugin for a better use.

Here's a TypeScript implementation of https://stackoverflow.com/a/21323330/916734. It also dries things up with functions, and allows for a optional digit offset.

export function round(rawValue: number | string, precision = 0, fractionDigitOffset = 0): number | string {
  const value = Number(rawValue);
  if (isNaN(value)) return rawValue;

  precision = Number(precision);
  if (precision % 1 !== 0) return NaN;

  let [ stringValue, exponent ] = scientificNotationToParts(value);

  let shiftExponent = exponentForPrecision(exponent, precision, Shift.Right);
  const enlargedValue = toScientificNotation(stringValue, shiftExponent);
  const roundedValue = Math.round(enlargedValue);

  [ stringValue, exponent ] = scientificNotationToParts(roundedValue);
  const precisionWithOffset = precision + fractionDigitOffset;
  shiftExponent = exponentForPrecision(exponent, precisionWithOffset, Shift.Left);

  return toScientificNotation(stringValue, shiftExponent);
}

enum Shift {
  Left = -1,
  Right = 1,
}

function scientificNotationToParts(value: number): Array<string> {
  const [ stringValue, exponent ] = value.toString().split('e');
  return [ stringValue, exponent ];
}

function exponentForPrecision(exponent: string, precision: number, shift: Shift): number {
  precision = shift * precision;
  return exponent ? (Number(exponent) + precision) : precision;
}

function toScientificNotation(value: string, exponent: number): number {
  return Number(`${value}e${exponent}`);
}

I found a very simple way that solved this problem for me and can be used or adapted:

td[row].innerHTML = price.toPrecision(price.toFixed(decimals).length