Obsolete Type: The money is now deprecated. Use numeric or decimal instead. The money type may become a locale-aware layer over the numeric type in a future release.
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 3-4. Postgres Monetary Types
|money||4 bytes||Fixed-precision||-21474836.48 to +21474836.47|
numeric will replace the money type, and should be preferred.
If you see anything in the documentation that is not correct, does not match your experience with the particular feature or requires further clarification, please use this form to report a documentation issue.