I have some experience using both of these libraries, so I will do my best to explain each of them:
Intl.NumberFormat and decimal.js are both libraries in JavaScript that can be used to format and manipulate numbers. However, while they are similar in some ways, they are very different in others.
Intl.NumberFormat is a built-in JavaScript library that provides localization support for number formatting, including decimal and grouping separators, decimal precision, and currency formatting. It is widely used to format numbers based on a user's language and region.
Decimal.js is a third-party library that provides arbitrary-precision decimal arithmetic for JavaScript. It allows for precise calculations with decimal numbers, which are often required in financial and scientific applications where rounding errors can have significant consequences.
Although Intl.NumberFormat can handle basic currency formatting, it may not be suitable for all use cases. For example, it may not handle more complex currency formatting requirements, such as rounding rules or multiple currencies in the same document. In such cases, decimal.js can provide more precise and flexible currency handling capabilities.
I hope this answered your question!