Rounding in financial applications can have serious implications, and the rounding method used should be specified precisely. In these cases, it probably pays not to trust whichever system rounding is being used by Perl, but to instead implement the rounding function you need yourself. To see why, notice how you'll still have an issue on half-way-point alternation: for ($i = 0; $i < 1.01; $i += 0.05) { printf "%.1f ",$i} 0.0 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.4 0.4 0.5 0.5 0.6 0.7 0.7 0.8 0.8 0.9 0.9 1.0 1.0