It's based on magnitude. Just take the factor error (0.0000000001) and multiply it by the magnitude and you'll get the error.
Example:
What about the orbit of the earth? Let's assume it's round. (It's certainly not.)
93,000,000 miles
2 * 93,000,000 * .0000000001 = .0186 miles error (10 digits of pi)
2 * 9.3*10^6 * 10^-30 = 18.6 * 10^-24 = 1.86 * 10^-23
quite a small error. The first one yields .0186 miles, approximately equal to 98 feet. The second one yields 0.000000000000000001178496 inches.
I memorized pi out to 3.14159265358979323846264338327904288 (may be off in the end), and I did it for the math, not the practicality. It fascinates me.