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The "decimal" data type of the C# and Python programming languages, and the decimal formats of the IEEE 754-2008 standard, are designed to avoid the problems of binary floating-point representations when applied to human-entered exact decimal values, and make the arithmetic always behave as expected when numbers are printed in decimal.
The advantage of decimal floating-point representation over decimal fixed-point and integer representation is that it supports a much wider range of values. For example, while a fixed-point representation that allocates 8 decimal digits and 2 decimal places can represent the numbers 123456.78, 8765.43, 123.00, and so on, a floating-point ...
All integers with seven or fewer decimal digits, and any 2 n for a whole number −149 ≤ n ≤ 127, can be converted exactly into an IEEE 754 single-precision floating-point value. In the IEEE 754 standard, the 32-bit base-2 format is officially referred to as binary32; it was called single in IEEE 754-1985.
Double-precision floating-point format (sometimes called FP64 or float64) is a floating-point number format, usually occupying 64 bits in computer memory; it represents a wide range of numeric values by using a floating radix point. Double precision may be chosen when the range or precision of single precision would be insufficient.
In computing, half precision (sometimes called FP16 or float16) is a binary floating-point computer number format that occupies 16 bits (two bytes in modern computers) in computer memory. It is intended for storage of floating-point values in applications where higher precision is not essential, in particular image processing and neural networks.
Similar binary floating-point formats can be defined for computers. There is a number of such schemes, the most popular has been defined by Institute of Electrical and Electronics Engineers (IEEE). The IEEE 754-2008 standard specification defines a 64 bit floating-point format with: an 11-bit binary exponent, using "excess-1023" format.
Bounds on conversion between decimal and binary for the 80-bit format can be given as follows: If a decimal string with at most 18 significant digits is correctly rounded to an 80-bit IEEE 754 binary floating-point value (as on input) then converted back to the same number of significant decimal digits (as for output), then the final string ...
The standard defines five basic formats that are named for their numeric base and the number of bits used in their interchange encoding. There are three binary floating-point basic formats (encoded with 32, 64 or 128 bits) and two decimal floating-point basic formats (encoded with 64 or 128 bits).