30th September 2021: PostgreSQL 14 Released!
Unsupported versions: 6.4
This documentation is for an unsupported version of PostgreSQL.
You may want to view the same page for the current version, or one of the other supported versions listed above instead.

Monetary Type

The money type supports US-style currency with fixed decimal point representation. If Postgres is compiled with USE_LOCALE then the money type should use the monetary conventions defined for locale(7).

Table 8-4. Postgres Monetary Types

Monetary Type Storage Description Range
money 4 bytes Fixed-precision -21474836.48 to +21474836.47

numeric should eventually replace the money type. It has a fully implemented syntax but currently (Postgres v6.4) support only a small range of precision and/or range values and cannot adequately substitute for the money type.