The Binding.Format and Binding.Parse events allow you to create custom formats for displaying data. For example, if the data in a table is of type decimal, you can display the data in the local currency format by setting the ConvertEventArgs.Value property of the System.Windows.Forms.ConvertEventArgs to the formatted value in the Binding.Format event. You must consequently unformat the displayed value in the Binding.Parse event.
The Binding.Parse event occurs under the following conditions:
For more information about handling events, see Consuming Events.