|react-number-format||59.04 kB||MIT||7 Years||3 Sep 2023|
|accounting||113.97 kB||UNKNOWN||12 Years||16 Jul 2014|
|currency-codes||15.2 kB||MIT||10 Years||11 Feb 2020|
|currency.js||8.58 kB||MIT||9 Years||19 May 2021|
|ccxt||6.86 MB||MIT||6 Years||18 Sep 2023|
|currency-symbol-map||3.8 kB||BSD-2-Clause||9 Years||29 May 2022|
|currency-formatter||7.69 kB||MIT||8 Years||29 Sep 2021|
|countries-list||82.74 kB||MIT||9 Years||12 Sep 2023|
|accounting-js||15.77 kB||MIT||7 Years||24 Feb 2016|
|autonumeric||854.54 kB||MIT||8 Years||4 Sep 2023|
|money||3.81 kB||UNKNOWN||12 Years||16 Jul 2014|
|cldr||29.07 MB||BSD-3-Clause||11 Years||5 Jun 2023|
|v-money||3.5 kB||MIT||6 Years||16 Oct 2017|
|money-math||5.05 kB||MIT||11 Years||3 May 2023|
|react-currency-input||60.02 kB||MIT||8 Years||6 Feb 2018|
Currency handling libraries are instrumental in a myriad of situations, particularly when developing software that needs to interface with financial transactions, data analysis, simulation, or app monetization functionality. In international applications, it's crucial to handle currency conversions and formats for a seamless user experience.
Currency handling libraries typically come with a host of functionalities that make manipulation and representation of monetary values easy and efficient. Here are some functionalities commonly found:
Currency Conversion: Most currency handling libraries have functions that convert one currency to another, often making use of up-to-date exchange rates.
Currency Formatting: Libraries often provide functions for properly formatting currency based on a particular locale. This includes correct comma placement, decimal usage, and symbol placement.
Support for Major Currencies: They provide support for a wide range of world currencies.
Rounding Rules: They also enforce correct rounding rules as per standard financial conventions.
Nevertheless, there are certain pitfalls that developers should take note of when using currency handling libraries.
Outdated Exchange Rates: While many libraries provide conversion capabilities, they require the use of exchange rates. Depending on the library or additional dependencies, these rates might not always be current. This could lead to inaccurate conversions.
Precision Issues: Accurate financial calculations require precise number handling. If the library does not explicitly guarantee precision, it may lead to minor discrepancies that accumulate over many transactions.
Support for Cryptocurrencies: Not all libraries handle cryptocurrencies. If your project requires crypto support, you may need to integrate additional libraries, which might complicate your project.
Performance: Consider this when dealing with applications that require handling extensive currency computation in real-time.
Out-dated or Minimal Currency Support: Some libraries may only support major global currencies or might not get updates with new currencies.
Remember to carefully evaluate the needs of your project and the features of a currency handling library by perusing its documentation and checking its update frequency on npm prior to integrating it into your applications.