Best data type to store money values in MySQL

Mohammad Saberi picture Mohammad Saberi · Oct 23, 2012 · Viewed 268.6k times · Source

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?
VARCHAR or INT (or other numeric data types)?

Answer

juergen d picture juergen d · Oct 23, 2012

Since money needs an exact representation don't use data types that are only approximate like float. You can use a fixed-point numeric data type for that like

decimal(15,2)
  • 15 is the precision (total length of value including decimal places)
  • 2 is the number of digits after decimal point

See MySQL Numeric Types:

These types are used when it is important to preserve exact precision, for example with monetary data.