If you need performance (like in games):

Math.round(number * 100) / 100

It's about 100 times as fast as parseFloat(number.toFixed(2))

http://jsperf.com/parsefloat-tofixed-vs-math-round

EDIT:

https://jsperf.app/kowulu

Short Answer: There is no way in JS to have Number datatype value with trailing zeros after a decimal.

Long Answer: Its the property of toFixed or toPrecision function of JavaScript, to return the String. The reason for this is that the Number datatype cannot have value like a = 2.00, it will always remove the trailing zeros after the decimal, This is the inbuilt property of Number Datatype. So to achieve the above in JS we have 2 options

1. Either use data as a string or
2. Agree to have truncated value with case '0' at the end ex 2.50 -> 2.5. Number Cannot have trailing zeros after decimal

2022, native, without library, modern browser, clear and readable.

function round(
  value,
  minimumFractionDigits,
  maximumFractionDigits
) {
  const formattedValue = value.toLocaleString('en', {
    useGrouping: false,
    minimumFractionDigits,
    maximumFractionDigits
  })
  return Number(formattedValue)
}

console.log(round(21.891, 2, 3)) // 21.891
console.log(round(1.8, 2)) // 1.8, if you need 1.80, remove the `Number` function. Return directly the `formattedValue`.
console.log(round(21.0001, 0, 1)) // 21
console.log(round(0.875, 3)) // 0.875

You could do it with the toFixed function, but it's buggy in IE. If you want a reliable solution, look at my answer here.