Decimal floating point (3 or 4 binary bits), and the rest of the significand uses the densely packed decimal (DPD) encoding. Unlike the binary integer significand version, where the exponent changed position and came before the significand, this encoding combines the leading 2 bits of the exponent and the leading digit (3 or 4 bits) of the significand into the five bits that follow the sign bit. This is followed by a fixed-offset exponent continuation field. Finally, the significand continuation field made of 2, 5, or 11 10-bit "declets", each encoding 3 decimal digits. If the first two bits after the sign bit
Binary-coded decimal fixed number of decimal places that do not then require this adjustment—particularly financial applications where 2 or 4 digits after the decimal point are usually enough. Indeed, this is almost a form of fixed point arithmetic since the position of the radix point is implied. Chen–Ho encoding provides a boolean transformation for converting groups of three BCD-encoded digits to and from 10-bit values that can be efficiently encoded in hardware with only 2 or 3 gate delays. Densely packed decimal (DPD) is a similar scheme that is used for most of the significand, except the lead digit, for one of