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What's the difference between currency and float field types?

Question asked by Courtney Grimes Expert on Apr 5, 2019
Latest reply on Apr 5, 2019 by Sanford Whiteman

I'm looking to setup some fields that would store prices in them (e.g., 46.10) for a custom object—prior to now, I've always used float field types to hold this sort of information. From a structural point of view, are there any advantages/disadvantages to using the currency field type instead? This data would not be displayed in any emails/landing pages/etc., so formatting is less of an issue. Are there any plans to support multiple currencies?