The fraction 23/34 is equal to 67.65% when converted to a percentage and rounded to two decimal places. This means that if you had 34 equal parts of something and took 23 of those parts, you'd have about 67.65% of the whole. It's a bit more than two-thirds, which would be exactly 66.67%.
In everyday life, you might see this fraction or percentage used in various situations. For example, if 23 out of 34 students in a class passed a test, you could say that 67.65% of the class succeeded. Or if a basketball player made 23 out of 34 free throw attempts, their free throw percentage would be 67.65%. This percentage is pretty good in many contexts, showing that something happened or was achieved more often than not.