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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.
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). The binary32 and binary64 formats are the single and double formats of IEEE 754-1985 respectively.
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.
A floating-point variable can represent a wider range of numbers than a fixed-point variable of the same bit width at the cost of precision. A signed 32-bit integer variable has a maximum value of 2 31 − 1 = 2,147,483,647, whereas an IEEE 754 32-bit base-2 floating-point variable has a maximum value of (2 − 2 −23) × 2 127 ≈ 3.4028235 ...
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 .
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 IEEE 754-2008 standard defines 32-, 64- and 128-bit decimal floating-point representations. Like the binary floating-point formats, the number is divided into a sign, an exponent, and a significand. Unlike binary floating-point, numbers are not necessarily normalized; values with few significant digits have multiple possible representations ...
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.