Type Currency Document For Free

The Currency data type is useful for calculations involving money and for fixed-point calculations in which accuracy is particularly important.

Q: What java data type should be used for currency? BigDecimal. It is recommended you use BigDecimal, which has better precision than other floating-point types (float, double). BigDecimal is frequently used in banking and insurance production projects.

Currency is a standard XDM data type that describes an amount of currency, including the currency type and conversion date. The amount of currency as defined by the currencyCode . A timestamp of when the currency conversion was made.

The best datatype to use for currency in C# is decimal. The decimal type is a 128-bit data type suitable for financial and monetary calculations. The decimal type can represent values ranging from 1.0 * 10^-28 to approximately 7.9 * 10^28 with 28-29 significant digits.

Currency types specify what the currency is being used for. The currency key (e.g., EUR, USD, etc.) that is assigned to a currency type is configured in different ways, depending on the function of the currency type.

For US dollars, the symbol '$' is sufficient abbreviation, unless there is a mixture of dollar currencies in the text. For other dollar currencies, '$' should be prefixed with the country abbreviation. For all other currencies, write the figure first followed by the currency name, for example, '100 million yuan'.

Answering to the question in the title, the datatype for currency is MONEY . the money datatype will store the information only, without the format: in your example the information is 11.23 so that's what is saved into the database.