The currency type is the standard Delphi type to be used when
storing and handling monetary values. It will avoid any rounding problems, with
4 decimals precision. It is able to safely store numbers in the range
-922337203685477.5808 .. 922337203685477.5807. Should be enough for your pocket
change.
As stated by the official Delphi documentation:
Currency is a fixed-point data type that minimizes rounding errors in
monetary calculations. On the Win32 platform, it is stored as a scaled 64-bit
integer with the four least significant digits implicitly representing decimal
places. When mixed with other real types in assignments and expressions,
Currency values are automatically divided or multiplied by 10000.
In fact, this type matches the corresponding OLE and
.Net implementation of currency, and the one used by
most database providers (when it comes to money, a dedicated type is worth the
cost in a "rich man's world"). It is still implemented the same in the
Win64 platform (since XE 2). The Int64 binary
representation of the currency type (i.e. value*10000
as accessible via PInt64(aCurrencyValue)^) is a safe and fast
implementation pattern.
In our framework, we tried to avoid any unnecessary conversion to float
values when dealing with currency values. Some dedicated functions
have been implemented for fast and secure access to currency
published properties via RTTI, especially when converting values to or from
JSON text. Using the Int64 binary representation can be not only
faster, but also safer: you will avoid any rounding problem which may be
introduced by the conversion to a float type. Rounding issues are a nightmare
to track - it sounds safe to have a framework handling natively a
currency type from the ground up.
