Re: About the MONEY type

From: Rob Sargent <robjsargent(at)gmail(dot)com>
To: Gavin Flower <GavinFlower(at)archidevsys(dot)co(dot)nz>
Cc: Bruce Momjian <bruce(at)momjian(dot)us>, John R Pierce <pierce(at)hogranch(dot)com>, pgsql-general(at)postgresql(dot)org
Subject: Re: About the MONEY type
Date: 2016-12-19 01:17:43
Message-ID: BF08F246-2D0C-4FE2-91A3-8A6683190299@gmail.com
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> On Dec 18, 2016, at 5:23 PM, Gavin Flower <GavinFlower(at)archidevsys(dot)co(dot)nz> wrote:
>
> On 18/12/16 12:25, Bruce Momjian wrote:
>> On Wed, Nov 30, 2016 at 01:35:12PM -0800, John R Pierce wrote:
>>> note, btw, TIMESTAMP WITH TIME ZONE doesn't actually store the timezone...
>>> rather, it converts it to an internal representation of GMT, and then converts
>>> it back to display time at the client's current (or specified) time zone.
>> Right, TIMESTAMP WITH TIME ZONE converts the timestamp value to the
>> local time zone on output. Imagine a monetary type that converted the
>> money amount to local currency on output --- that would be cool.
>>
> Hmm...
>
> Would need to know the appropriate conversion rate. the 2 obvious dates/times, on entry and now, may neither be the one wanted.
>
> Also, often the buy/sell conversion rates are not the same!
>
> Am sure there also other issues.
>
> I don't think automatic conversion is as easy as you make it out to be.
>
>
>
> Cheers,
>
> Gavin
>
Bets on how serious Mr. Pierce was are currently trending in Vegas.

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