The fraction 19/23 is equal to 82.61% when converted to a percentage and rounded to two decimal places. This means that if you had 23 equal parts of something and took 19 of those parts, you'd have about 82.61% of the whole. It's a bit more than three-quarters (75%) but less than seven-eighths (87.5%).
In everyday life, you might see this fraction or percentage used in various situations. For example, if 19 out of 23 students in a class passed a test, you could say that 82.61% of the class succeeded. Or if a basketball player made 19 out of 23 free throws in a game, their free throw percentage for that game would be 82.61%. This percentage is generally considered pretty good in many contexts, as it's fairly close to 100%.