diff --git a/modules/price/src/Plugin/Field/FieldFormatter/PriceDefaultFormatter.php b/modules/price/src/Plugin/Field/FieldFormatter/PriceDefaultFormatter.php
index 5b17b4e7..c319ae7a 100644
--- a/modules/price/src/Plugin/Field/FieldFormatter/PriceDefaultFormatter.php
+++ b/modules/price/src/Plugin/Field/FieldFormatter/PriceDefaultFormatter.php
@@ -156,6 +156,10 @@ public function viewElements(FieldItemListInterface $items, $langcode) {
     $elements = [];
     foreach ($items as $delta => $item) {
       $currency = $currencies[$item->currency_code];
+      // Set Fraction digits to the precision required by the current currency,
+      // to format the price in the expected way.
+      $this->numberFormatter->setMinimumFractionDigits($currency->getFractionDigits());
+      $this->numberFormatter->setMaximumFractionDigits($currency->getFractionDigits());
       $elements[$delta] = [
         '#markup' => $this->numberFormatter->formatCurrency($item->number, $currency),
         '#cache' => [