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I don't know how it's done in the US, but in Europe financial calculations are done with four digits after the dot.

So store the value as milli-cents? (haha)

Shouldn't that be centi-cents? ^^

Or in MySQL: innocents.

More likely: varchar(255)

varchar(255) == varchar(2000000) in SQLite

The type system in SQLite is not as strict as it is in other RDBMS.