formatting of currency values in kmmsplits table
Jack
ostroffjh at users.sourceforge.net
Tue Nov 15 22:10:14 GMT 2022
Just found this:
https://trulyfinancial.com/blog/lowest-currencies-2022/ The Indonesian
rupiah is apparently only the third weakest currency in the world with
14,365.5 to the dollar. The Iranian Rial is 42,250 to the dollar, but
at 1/3 the value of the rupia, it looks like ten digits should still be
enough.
On 2022.11.15 16:55, Chris via KMyMoney-devel wrote:
> Good point I hadn't considered currency exchange.
>
> This is why you ask why something was implemented that way and not
> assume its unnecessary.
>
> Yes I am talking to you Elon ;)
>
> Chris
>
> On 16/11/2022 2:12 am, Thomas Baumgart via KMyMoney-devel wrote:
>> On Dienstag, 15. November 2022 09:08:44 CET Chris via KMyMoney-devel
>> wrote:
>>
>>> Thanks
>>>
>>> I have always used integer's, never floats or doubles, I realised
>>> back in
>>> the 90's that was a mistake when implementing credit card
>>> transactions.
>>> Rounding errors bite hard.
>>>
>>> I have always decided at the start of a project what was the maximum
>>> precision needed, usually 2 decimal places but occasionally more. I
>>> can see
>>> with kmymoney 4 digits is the best because I believe that is normal
>>> for
>>> shares. however I don't do shares so I could be wrong.
>>>
>>> Just looked it up, shares below $1.00 is to 4 decimal places, 2
>>> places
>>> otherwise.
>>>
>>> I can see storing it using numerator denominator is more flexible.
>> 4 digits is not enough if it comes to currency exchange. We do have
>> a user
>> that converts between (I believe) Indonesian Rupia and Euros a lot
>> and
>> needs at least 10 digits of precision for the price to get correct
>> results.
>>
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