Re: HELP ! With Money type - Mailing list pgsql-admin

From Oliver Elphick
Subject Re: HELP ! With Money type
Date
Msg-id 1090588843.1560.3.camel@braydb
Whole thread Raw
In response to HELP ! With Money type  (Terry Hampton <thampton@limacorp.com>)
Responses Re: HELP ! With Money type
List pgsql-admin
On Fri, 2004-07-23 at 13:36, Terry Hampton wrote:
>
>     Everyone,
>
>     Just ran across an odd situation.
>     I have defined a field:
>
>   amount       | money                    | not null default ''
>
>     Works fine until the dollar amounts get
>     very large  -  into the tens of millions.
>     At that point, the actual amount stored
>     becomes very unpredictable.
>
>     I just saved a record via a simple
>     front end App.  I entered 56,000,000
>     When I retrieved the record i got:
>         $13,050,327.04  !!
>
>     Any thoughts ?

The Money type is deprecated.  It uses a floating point representation,
which is not good for precise values.

Use DECIMAL instead - e.g. DECIMAL(12,2)


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