I am using the below query in SQL Server.
declare @dt float
set @dt = 1079938.05
select @dt AS Val,Convert(nvarchar(20),@dt) AS NVal, len(@dt) AS Len
First of all: Don't use approximate data types when not forced to. A FLOAT is just an approximation, e.g. a simple value like 0.123 may be stored as 0.1230000000001 for instance. Use a precise type such as DECIMAL instead.
When converting a number to a string, you should usually specify a format as in format(@dt, '#,###,##0.00'). You don't do so, so it's up to the system what format to use. It uses a scientific notation 1.07994e+006 translating to 1.079940 x 10^6, which is approximately your number.