The fraction 38/64 is equal to 59.38% when converted to a percentage and rounded to two decimal places. This percentage represents how much of a whole the fraction represents. In other words, if you had 64 equal parts of something and took 38 of those parts, you'd have about 59.38% of the total.
To put this in perspective, 59.38% is a little more than half of something. It's closer to 60% than 50%, so it's a majority portion but not an overwhelming one. This fraction and percentage could be useful in various real-world situations, like calculating grades, measuring ingredients in cooking, or determining the completion of a project.