Re: Money data type in PostgreSQL?

From: "Chris Travers" <chris(at)travelamericas(dot)com>
To: "David Garamond" <lists(at)zara(dot)6(dot)isreserved(dot)com>, <pgsql-general(at)postgresql(dot)org>
Subject: Re: Money data type in PostgreSQL?
Date: 2003-12-03 11:33:30
Message-ID: 009f01c3b991$52994a00$b100053d@SAMUEL
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Funny you mention IDR-- I happen to be in Jakarta at the moment.

Obviously different customers have different requirements, but I always
suggest trading performance for usefulness where necessary.

Obviously, the scale will need to be in accordance with the needs of your
customer (unlikey to need any for IDR; 2, 3, or more depending on industry
for USD). I would also always suggest overshooting the precision by a few
places to ensure that:
1) if there is another banking crisis, your app still performs
2) take into account future inflation
3) take into account future growth.

Best WIshes,
Chris Travers

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