What is the best data type to use for money in C#?

Question

What is the best data type to use for money in C#?

Answer 1

As it is described at decimal as:

The decimal keyword indicates a 128-bit data type. Compared to floating-point types, the decimal type has more precision and a smaller range, which makes it appropriate for financial and monetary calculations.

You can use a decimal as follows:

decimal myMoney = 300.5m;