Re: [GENERAL] About the MONEY type

On 19/12/16 14:17, Rob Sargent wrote:
>> On Dec 18, 2016, at 5:23 PM, Gavin Flower <GavinFlower@archidevsys.co.nz> wrote:
>>
>> On 18/12/16 12:25, Bruce Momjian wrote:
>>> On Wed, Nov 30, 2016 at 01:35:12PM -0800, John R Pierce wrote:
>>>> note, btw, TIMESTAMP WITH TIME ZONE doesn't actually store the timezone...
>>>> rather, it converts it to an internal representation of GMT, and then converts
>>>> it back to display time at the client's current (or specified) time zone.
>>> Right, TIMESTAMP WITH TIME ZONE converts the timestamp value to the
>>> local time zone on output.  Imagine a monetary type that converted the
>>> money amount to local currency on output --- that would be cool.
>>>
>> Hmm...
>>
>> Would need to know the appropriate conversion rate. the 2 obvious dates/times, on entry and now, may neither be the
onewanted. 
>>
>> Also, often the buy/sell conversion rates are not the same!
>>
>> Am sure there also other issues.
>>
>> I don't think automatic conversion is as easy as you make it out to be.
>>
>>
>>
>> Cheers,
>>
>> Gavin
>>
> Bets on how serious Mr. Pierce was are currently trending in Vegas.
>
:-)