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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 otherwise binary Wang VS machine supported a 64-bit decimal floating-point format in 1977. [2] The Motorola 68881 supported a format with 17 digits of mantissa and 3 of exponent in 1984, with the floating-point support library for the Motorola 68040 processor providing a compatible 96-bit decimal floating-point storage format in 1990.
The IEEE 754-2008 standard includes decimal floating-point number formats in which the significand and the exponent (and the payloads of NaNs) can be encoded in two ways, referred to as binary encoding and decimal encoding.
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.
The significand's leading decimal digit forms from the (0)cde or 100e bits as binary integer. The subsequent digits are encoded in the 10 bit 'declet' fields 'tttttttttt' according the DPD rules (see below). The full decimal significand is then obtained by concatenating the leading and trailing decimal digits.
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 ...
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.
Huberto M. Sierra noted in his 1956 patent "Floating Decimal Point Arithmetic Control Means for Calculator": [1] Thus under some conditions, the major portion of the significant data digits may lie beyond the capacity of the registers.