# What Is the Storage Size of Currency Data Type in VB?

//

Angela Bailey

What Is the Storage Size of Currency Data Type in VB?

In Visual Basic (VB), the currency data type is used to store monetary values with up to four digits to the right of the decimal point. It is a fixed-point data type that can represent values from -922,337,203,685,477.5808 to 922,337,203,685,477.5807.

## Storage Size

The currency data type in VB has a storage size of 8 bytes. This means that it requires 8 bytes of memory to store a single currency value.

## Precision and Scale

The currency data type has a precision of 19 digits and a scale of 4. The precision refers to the total number of digits that can be stored, including both the digits to the left and right of the decimal point. The scale refers to the number of digits that can be stored to the right of the decimal point.

## Usage

The currency data type is commonly used for financial calculations and storing monetary values in VB programs. It provides precise calculations for monetary amounts and ensures accurate results without any rounding errors.

## Example

Here’s an example that demonstrates the usage of currency data type:

```Dim salary As Currency
salary = 2500.75
Console.WriteLine("Salary: " & salary)
```

This code declares a variable named “salary” with a currency data type and assigns it a value of 2500.75. Then it prints out the value of “salary” using the Console.WriteLine statement.

## Summary

• The storage size of the currency data type in VB is 8 bytes.
• It has a precision of 19 digits and a scale of 4.
• Currency data type is commonly used for financial calculations and storing monetary values.
• It ensures accurate results without any rounding errors.

By understanding the storage size and characteristics of the currency data type in VB, you can effectively use it in your programs to handle financial calculations and monetary values.