What is DAX currency?

The primary characteristic of the Currency data type lies in its capacity to accurately represent values with up to four decimal points. This feature is crucial for handling financial transactions, ensuring that even the smallest fractional amounts are accounted for without rounding errors.

Internally, the Currency data type is structured as a 64-bit integer value, divided by 10,000. This design choice allows for a wide range of values to be stored while maintaining precision, making it an ideal choice for storing monetary values in large-scale financial datasets.

The significance of the Currency data type extends beyond its numerical capabilities. By utilizing this data type, analysts can ensure that their financial reports and dashboards accurately reflect the state of their organization's finances, fostering trust and transparency in decision-making processes.

In the realm of cryptocurrency, platforms like BTCC offer a range of services tailored to the needs of traders and investors. Among these services, BTCC provides access to spot and futures trading, enabling users to capitalize on market movements and diversify their portfolios. Additionally, BTCC offers a secure wallet service, safeguarding users' digital assets and facilitating seamless transactions.

The Currency data type is a fundamental element in data analysis, particularly within the realm of Power BI. It is also commonly referred to as the Fixed Decimal Number, emphasizing its ability to maintain precision in financial and monetary computations.