What is the best method of handling currency/money?

Matheus Mello
Matheus Mello
September 2, 2023
Cover Image for What is the best method of handling currency/money?

📝💸 The Best Way to Handle Currency in Your Shopping Cart System 💰

Are you building a shopping cart system and struggling with displaying prices that include both Euros and cents in your views? Don't worry, you're not alone! Many developers face this challenge when it comes to handling currency in web applications. In this blog post, we will explore the best method of handling currency/money in your Rails framework and provide easy solutions to help you overcome this issue. So, let's dive in and unlock the secrets of currency handling! 🚀

The Challenge: Displaying Prices for Euros and Cents

You mentioned having a table called items with a column price of type integer. However, when it comes to displaying prices that include both Euros and cents, you find yourself stuck. So, what's missing? 🤔

The Solution: Handling Currency in Rails with Precision

To handle currency in your Rails application, it's crucial to work with exact decimal values instead of integer values. This allows you to maintain precision and accurately represent prices, especially when dealing with Euros and cents. Here are the steps to tackle this challenge:

1. Use Decimal or Money Data Type

Instead of using an integer data type for your price column, consider switching to either the decimal or money data type. Both of these data types enable you to store and manipulate decimal values without losing precision. For instance, you can define the price column in your migration file like this:

def change
  change_column :items, :price, :decimal, precision: 10, scale: 2
end

This ensures that your prices can contain up to 10 digits with 2 decimal places, accommodating Euros and cents.

2. Formatting Prices in Your Views

Once you've updated your database schema, you need to format the price values in your views to display them correctly. Rails provides a helpful method called number_to_currency that makes this task a breeze. Just pass the price value as an argument to number_to_currency, and Rails will handle the formatting for you.

Here's an example of how you can use number_to_currency in your view to display a price:

<%= number_to_currency(item.price, unit: "€") %>

The unit option allows you to specify the currency symbol you want to use (in this case, the Euro symbol "€"). Rails will automatically format the price based on the locale and currency unit, making it easy to display Euros and cents properly.

And voila! 🎉 You've successfully handled currency in your shopping cart system, ensuring that prices with both Euros and cents are displayed accurately.

Take Action: Become a Currency Handling Pro! 💪

Now that you have the knowledge and tools to handle currency in your Rails application, it's time to put it into practice. Update your price column to use the decimal or money data type, and format the prices using the number_to_currency method in your views. By doing so, you'll ensure your customers always see accurate and properly formatted prices while shopping on your platform. 💸

If you found this guide helpful, share it with your fellow developers who might be struggling with currency handling too. Leave a comment below sharing your experiences or any additional tips you have for handling currency effectively. Let's master the art of handling currency in web applications together! 🌟

Happy coding! 💻✨

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