On 2013-03-28, D'Arcy J.M. Cain <darcy@xxxxxxxxx> wrote: > > I would like to see the type handle other situations such as foreign > (to me) currency, etc. I suppose a positional parameter and a currency > string setting would handle most of those issues. Technically, the > money type is a cents type. Everything is stored as the number of > cents. Formatting it as dollars and cents is a convenience added by > the I/O functions. it actually does that, if you have the locale installed you can set LC_MONETARY to Japan and get no decimals and a Yen symbol or to UAE and get three decimals and their currency symbol. > Even as the author I sometimes go with numeric but there is a place for > the type. If you are working with simple dollars and cents quantities > and you need to do lots of calculations on them, the money type can be > a great performance boost. The big win that money brings is that > everything is stored as an int. That means that you don't need to > convert data in the database to a machine representation before > summing, averaging, etc. The machine can generally work on the data as > it comes out of the DB. it'd be nice to be able to do a money * numeric operation currently multiplication is done in floating point and this can give unexpected results. > > -- > D'Arcy J.M. Cain <darcy@xxxxxxxxx> | Democracy is three wolves > http://www.druid.net/darcy/ | and a sheep voting on > +1 416 425 1212 (DoD#0082) (eNTP) | what's for dinner. > IM: darcy@xxxxxxx, VOIP: sip:darcy@xxxxxxx > > -- ⚂⚃ 100% natural -- Sent via pgsql-general mailing list (pgsql-general@xxxxxxxxxxxxxx) To make changes to your subscription: http://www.postgresql.org/mailpref/pgsql-general