diff --git a/xexe/constants.py b/xexe/constants.py
index c7ec3d4..759b24d 100644
--- a/xexe/constants.py
+++ b/xexe/constants.py
@@ -1,5 +1,6 @@
 import pathlib
 from dataclasses import dataclass
+from decimal import Decimal
 
 from money.currency import Currency
 
@@ -7,6 +8,8 @@ from xexe.rate_fetching import MockRateFetcher, XERateFetcher
 
 DEFAULT_CURRENCIES = {Currency("EUR"), Currency("GBP"), Currency("USD")}
 
+DEFAULT_MAX_DECIMALS = Decimal("0.00000001")
+
 RATES_SOURCES = {"mock": MockRateFetcher, "xe": XERateFetcher}
 
 DWH_SCHEMA = "sync_xedotcom_currency_rates"
diff --git a/xexe/money_amount.py b/xexe/money_amount.py
index 0cba52d..aaaace8 100644
--- a/xexe/money_amount.py
+++ b/xexe/money_amount.py
@@ -1,2 +1,40 @@
+from decimal import Decimal, InvalidOperation
+from typing import Union
+
+from money.currency import Currency
+
+from xexe.constants import DEFAULT_MAX_DECIMALS
+
+DEFAULT_MONEY_PRECISION = DEFAULT_MAX_DECIMALS
+
+
 class MoneyAmount:
-    pass
+    def __init__(self, amount, currency):
+        self.amount = self._parse_amount(amount)
+        self.currency = self._parse_currency(currency)
+
+    def _parse_amount(self, amount: Union[int, Decimal, str]):
+        if isinstance(amount, (int, Decimal)):
+            return Decimal(amount).quantize(DEFAULT_MONEY_PRECISION)
+        elif isinstance(amount, str):
+            try:
+                return Decimal(amount).quantize(DEFAULT_MONEY_PRECISION)
+            except InvalidOperation:
+                raise ValueError(f"Invalid amount: {amount}")
+        else:
+            raise TypeError(f"Amount must be int, Decimal, or str, not {type(amount)}")
+
+    def _parse_currency(self, currency):
+        if isinstance(currency, Currency):
+            return currency
+        if isinstance(currency, str):
+            return Currency[currency]
+
+        raise TypeError(
+            f"Currency must be a Currency object or str, not {type(currency)}"
+        )
+
+    def __eq__(self, other):
+        if isinstance(other, MoneyAmount):
+            return self.amount == other.amount and self.currency == other.currency
+        return False