= Money $ This library aids one in handling money and different currencies. Features: - Provides a Money class which encapsulates all information about an certain amount of money, such as its value and its currency. - Represents monetary values as integers, in cents. This avoids floating point rounding errors. - Provides APIs for exchanging money from one currency to another. - Has the ability to parse a money string into a Money object. - Provides ActiveRecord "has_money" method. Resources: - This fork: http://github.com/nofxx/money - Website: http://money.rubyforge.org - RDoc API: http://money.rubyforge.org - Git repository: http://github.com/FooBarWidget/money/tree/master == Download Install stable releases with the following command: gem install nofxx-money The development version (hosted on Github) can be installed with: gem sources -a http://gems.github.com gem install nofxx-money == Usage === Synopsis require 'money' # 10.00 USD money = Money.new(1000, "USD") money.cents # => 1000 money.currency # => "USD" Money.new(1000, "USD") == Money.new(1000, "USD") # => true Money.new(1000, "USD") == Money.new(100, "USD") # => false Money.new(1000, "USD") == Money.new(1000, "EUR") # => false === Currency Exchange Exchanging money is performed through an exchange bank object. The default exchange bank object requires one to manually specify the exchange rate. Here's an example of how it works: Money.add_rate("USD", "CAD", 1.24515) Money.add_rate("CAD", "USD", 0.803115) Money.us_dollar(100).exchange_to("CAD") # => Money.new(124, "CAD") Money.ca_dollar(100).exchange_to("USD") # => Money.new(80, "USD") Comparison and arithmetic operations work as expected: Money.new(1000, "USD") <=> Money.new(900, "USD") # => 1; 9.00 USD is smaller Money.new(1000, "EUR") + Money.new(10, "EUR") == Money.new(1010, "EUR") Money.add_rate("USD", "EUR", 0.5) Money.new(1000, "EUR") + Money.new(1000, "USD") == Money.new(1500, "EUR") There is nothing stopping you from creating bank objects which scrapes www.xe.com for the current rates or just returns rand(2): Money.default_bank = ExchangeBankWhichScrapesXeDotCom.new === Ruby on Rails Use the +has_many+ helper to embed the money object in your models. The following example requires a +price_in_cents+ and a +price_currency+ fields. config/enviroment.rb require.gem 'nofxx-money', :lib => 'money' app/models/product.rb class Product < ActiveRecord::Base belongs_to :product has_money :price private validate :cents_not_zero def cents_not_zero errors.add("price_cents", "cannot be zero or less") unless cents > 0 end validates_presence_of :sku, :currency validates_uniqueness_of :sku end migration: create_table :products do |t| t.integer :price_cents t.string :price_currency end === Default Currency By default Money defaults to USD as its currency. This can be overwritten using Money.default_currency = "CAD" If you use Rails, then environment.rb is a very good place to put this. == TODO * Better validation * Interest (almost there..)