On Tue, Aug 11, 2020 at 06:38:39AM -0700, Miles Elam <miles.e...@productops.com> wrote:
> Also of note: PostgreSQL already has a money type ( > https://www.postgresql.org/docs/current/datatype-money.html) > But you shouldn't use it ( > https://wiki.postgresql.org/wiki/Don%27t_Do_This#Don.27t_use_money). > > I only bring it up so that you can know to make your money type a slightly > different name to avoid a conflict. Money is deceptively hard to implement > correctly. I'd recommend reading the second link if you have not already to > avoid previously known issues. I use decimal(10,2) for whole cents, and decimal(12,6) for sub-cents. Single currency only. I didn't know there was a money type originally, but it wouldn't be usable for me anyway without the ability to specify the scale and precision. I recommend considering passing values to the database as "decimal '1.23'" rather than bare numeric literals, just so there's no chance of the value being interpreted as a float at any stage by postgres. Maybe that's being too paranoid but that's a good idea when it comes to money. :-) Perhaps the incorporation of currency would make a new money type interesting. Currencies probably don't change as often as timezones but there would probably still be some ongoing need for updates. cheers, raf
