Why is `decimal` the Best Data Type for Handling Money in C#?

Using the Appropriate Data Type for Monetary Calculations in C#

When dealing with monetary values in C#, selecting the optimal data type is essential. Decimal stands out as the ideal choice for financial computations due to its superior precision and limited range.

Understanding Decimal's Advantages

As outlined in C#'s documentation, decimal is a 128-bit data type that surpasses floating-point types in accuracy. Its reduced range ensures precise calculations for monetary values.

Implementing Decimal in Your Code

Utilizing decimal in your C# code is straightforward:

decimal myMoney = 300.5m;

Appending the letter "m" after the value indicates that the variable is of type decimal. This allows you to perform calculations involving monetary amounts with confidence in their precision.

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