How to apply nested REPLACE for data cleansing?

The following Microsoft SQL Server T-SQL sample scripts demonstrates the use of nested REPLACE and CONVERT to remove special characters and convert the price result column into money first, then into currency format.

-- Detect special non-printing characters (white space) - QUICK SYNTAX

DECLARE @WhiteSpace varchar(64) = 'New York'+' '+char(9)+'City'+char(31)

SELECT ExposeWP=CONVERT(varbinary(max), @WhiteSpace), NonPrint=@WhiteSpace

/* ExposeWP NonPrint

0x4E657720596F726B2009436974791F New York City */

-- Hex 20 is space; 09 and 1F are printing as space but they are special characters

------------

-- T-SQL remove special characters from string including space by nesting converts
DECLARE @text nvarchar(128) = '#124 $99^@'
SELECT REPLACE(REPLACE(REPLACE(REPLACE(REPLACE(
       REPLACE(REPLACE(REPLACE(REPLACE(@text,
        '!',''),'@',''),'#',''),'$',''),'%',''),
        '^',''),'&',''),'*',''),' ','')

-- 12499

-- SQL Server nested CONVERTs - SQL format money as currency

-- SQL group by - sum aggregate function

USE Northwind;

SELECT   ProductName,

         AveragePrice = '$' + CONVERT(VARCHAR,CONVERT(MONEY,

         AVG(od.UnitPrice * (1.00 - Discount)),  1)),

         UnitsSold = SUM(od.Quantity)

FROM     dbo.[Order Details]  AS od,

         dbo.Products         AS p,

         dbo.Orders           AS o

WHERE    od.ProductID = p.ProductID

         AND o.OrderID = od.OrderID

         AND od.UnitPrice > 8.0

GROUP BY ProductName,

         od.ProductID

ORDER BY ProductName

GO

/* Partial results

ProductName AveragePrice      UnitsSold

Alice Mutton      $34.23      978

Aniseed Syrup     $9.89       228

Boston Crab Meat  $16.35      1103

Camembert Pierrot $30.12      1577

Carnarvon Tigers  $54.91      539

Chai              $15.80      828

*/