Susanne Schmidt Su-Shee

Falsehoods programmers believe about prices

You can store a price in a floating point variable.
All currencies are subdivided in 1/100th units (like US dollar/cents, euro/eurocents etc.).
All currencies are subdivided in decimal units (like dinar/fils)
All currencies currently in circulation are subdivided in decimal units. (to exclude shillings, pennies) (counter-example: MGA)
All currencies are subdivided. (counter-examples: KRW, COP, JPY... Or subdivisions can be deprecated.)
Prices can't have more precision than the smaller sub-unit of the currency. (e.g. gas prices)
For any currency you can have a price of 1. (ZWL)
Every country has its own currency. (EUR is the best example, but also Franc CFA, etc.)

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