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I'm aware that money is specific to sql server There's a sql fiddle here. I want to know if there is a compelling reason to choose one over the other

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Most sql server samples (e.g Select tellerid, sum(try_convert(money, value1)) as [total value 1] from intakedrawer group by tellerid order by tellerid The adventureworks database) use money and not decimal for things like price information

Should i just continue to use the money datatype, or is there a benefit to using decimal instead?

What is the data type to the currency value in sql server I want to store $11.23 Can i use money type and addtionally will it store the $ symbol? Intento poner una cantidad en formato de moneda, intente con round(campo, 2), pero solo manda dos decimales al final, lo esperado sería

5 in tsql smallmoney has scale of 4 and fixed precision of 10 smallmoney 2 the money datatype on sql server has four digits after the decimal From sql server 2000 books online Monetary data represents positive or negative amounts of money

In microsoft® sql server™ 2000, monetary data is stored using the money and smallmoney data types

Monetary data can be stored to an accuracy of four decimal places. I want to store many records in a mysql database All of them contains money values But i don't know how many digits will be inserted for each one

Which data type do i have to use for this purpose? Some people will say that creating or even using a type just for money is gold plating, or adding extra complexity beyond the known requirements The more ubiquitous a concept is within your domain, the more important it is to make a reasonable effort to use the correct abstraction up front. The main advantage of money is that it can be displayed in a locale friendly way

Money has limited precision, so it is more subject to rounding errors

Adds and subtracts are fine, but if you get into dividing money by money (for percentages or ratios), you would lose precision, especially over repeated operations. Seems like money type is discouraged as described here My application needs to store currency, which datatype shall i be using If you're on sql server 2012 or higher you can also use

If the conversion doesn't work it returns null