money

money_column expects a DECIMAL(21,3) database field.

Features

Keeps value in decimal
Provides a Money class which encapsulates all information about an certain amount of money, such as its value and its currency.
Provides a Money::Currency class which encapsulates all information about a monetary unit.
Does NOT provides APIs for exchanging money from one currency to another.
wont lose pennies during division!
Money::NullCurrency for no currency support

Installation

gem 'shopify-money', require: 'money'

Usage

require 'money'

# 10.00 USD
money = Money.new(10.00, "USD")
money.subunits     #=> 1000
money.currency  #=> Currency.new("USD")

# Comparisons
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
Money.new(1000, "USD") != Money.new(1000, "EUR")   #=> true

# Arithmetic
Money.new(1000, "USD") + Money.new(500, "USD") == Money.new(1500, "USD")
Money.new(1000, "USD") - Money.new(200, "USD") == Money.new(800, "USD")
Money.new(1000, "USD") / 5                     == Money.new(200, "USD")
Money.new(1000, "USD") * 5                     == Money.new(5000, "USD")

# Unit to subunit conversions
Money.from_subunits(500, "USD") == Money.new(5, "USD")  # 5 USD
Money.from_subunits(5, "JPY") == Money.new(5, "JPY")    # 5 JPY
Money.from_subunits(5000, "TND") == Money.new(5, "TND") # 5 TND

Currency

Currencies are consistently represented as instances of Money::Currency. The most part of Money APIs allows you to supply either a String or a Money::Currency.

Money.new(1000, "USD") == Money.new(1000, Money::Currency.new("USD"))
Money.new(1000, "EUR").currency == Money::Currency.new("EUR")

A Money::Currency instance holds all the information about the currency, including the currency symbol, name and much more.

currency = Money.new(1000, "USD").currency
currency.iso_code #=> "USD"
currency.name     #=> "United States Dollar"
currency.to_s     #=> 'USD'
currency.symbol   #=> '$'
currency.disambiguate_symbol #=> 'US$'

Default Currency

By default Money defaults to Money::NullCurrency as its currency. This is a global variable that can be changed using:

Money.default_currency = Money::Currency.new("USD")

In web apps you might want to set the default currency on a per request basis. In Rails you can do this with an around action, for example:

class ApplicationController < ActionController::Base
  around_action :set_currency

  private

  def set_currency
    Money.with_currency(current_shop.currency) { yield }
  end
end

Currency Minor Units

The exponent of a money value is the number of digits after the decimal separator (which separates the major unit from the minor unit).

Money::Currency.new("USD").minor_units  # => 2
Money::Currency.new("JPY").minor_units  # => 0
Money::Currency.new("MGA").minor_units  # => 1

Money column

Since money internally uses BigDecimal it's logical to use a decimal column (or money for PostgreSQL) for your database. The money_column method can generate methods for use with ActiveRecord:

create_table :orders do |t|
  t.decimal :sub_total, precision: 21, scale: 3
  t.decimal :tax, precision: 21, scale: 3
  t.string :currency, limit: 3
end

class Order < ApplicationRecord
  money_column :sub_total, :tax
end

Options

option	type	description
currency_column	method	column from which to read/write the currency
currency	string	hardcoded currency value
currency_read_only	boolean	when true, `currency_column` won't write the currency back into the db. Must be set to true if `currency_column` is an attr_reader or delegate. Default: false
coerce_null	boolean	when true, a nil value will be returned as Money.zero. Default: false

You can use multiple money_column calls to achieve the desired effects with currency on the model or attribute level.

There are no validations generated. You can add these for the specified money and currency attributes as you normally would for any other.

Rubocop

A RuboCop rule to enforce the presence of a currency using static analysis is available.

Add to your .rubocop.yml

require:
  - money

Money/MissingCurrency:
  Enabled: true

If your application is currently handling only one currency, it can autocorrect this by specifying a currency under the Enabled line:

ReplacementCurrency: 'CAD'

Contributing to money

Check out the latest master to make sure the feature hasn't been implemented or the bug hasn't been fixed yet
Check out the issue tracker to make sure someone already hasn't requested it and/or contributed it
Fork the project
Start a feature/bugfix branch
Commit and push until you are happy with your contribution
Make sure to add tests for it. This is important so I don't break it in a future version unintentionally.
Please try not to mess with the Rakefile, version, or history. If you want to have your own version, or is otherwise necessary, that is fine, but please isolate to its own commit so I can cherry-pick around it.