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What data type should be used as a key for a monetary equivalent?
sobes.tech AI
Answer from AI
For monetary equivalents, a data type that can accurately represent fixed-point decimal numbers should be used to avoid rounding errors inherent in floating-point types (float, double).
The most suitable options are:
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long long(in combination with scaling): Store the monetary value as an integer in the smallest units (e.g., kopecks, cents). This ensures accuracy and avoids floating-point issues.long long amount_in_kopecks = 12345; // 123 rubles 45 kopecks -
Library for working with decimal numbers: Use specialized libraries that provide data types for financial calculations. This is the preferred option for complex operations and maximum accuracy. Examples: GMP, Boost.Multiprecision.
// Example using a hypothetical Decimal library Decimal amount = "123.45";
Should not be used:
float,double: Can lead to rounding errors in precise financial calculations.