The TRUNC Function can be used with a DATE Datatype to get interesting results. The TRUNC can be used to get the First Day of the Month, First Day of the year, etc.
SQL> SELECT TRUNC(SYSDATE,'YYYY') FROM DUAL;
TRUNC(SYS
---------
01-JAN-06
SQL> SELECT TRUNC(SYSDATE,'MM') FROM DUAL;
TRUNC(SYS
---------
01-JUN-06
Thursday, June 29, 2006
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