Difference between Convert.ToDecimal(string) & Decimal.Parse(string)

From bytes.com:

The Convert class is designed to convert a wide range of Types, so you can convert more types to Decimal than you can with Decimal.Parse, which can only deal with String. On the other hand Decimal.Parse allows you to specify a NumberStyle.

Decimal and decimal are aliases and are equal.

For Convert.ToDecimal(string), Decimal.Parse is called internally.

Morten Wennevik [C# MVP]

Since Decimal.Parse is called internally by Convert.ToDecimal, if you have extreme performance requirements you might want to stick to Decimal.Parse, it will save a stack frame.