diff --git a/addons/web/static/src/views/fields/formatters.js b/addons/web/static/src/views/fields/formatters.js
index d84fcc9c9c9..033959e4b7e 100644
--- a/addons/web/static/src/views/fields/formatters.js
+++ b/addons/web/static/src/views/fields/formatters.js
@@ -346,7 +346,10 @@ export function formatMonetary(value, options = {}) {
 
     let currencyId = options.currencyId;
     if (!currencyId && options.data) {
-        const currencyField = options.currencyField || "currency_id";
+        const currencyField =
+            options.currencyField ||
+            (options.field && options.field.currency_field) ||
+            "currency_id";
         const dataValue = options.data[currencyField];
         currencyId = Array.isArray(dataValue) ? dataValue[0] : dataValue;
     }
diff --git a/addons/web/static/tests/views/list_view_tests.js b/addons/web/static/tests/views/list_view_tests.js
index d16544adcf6..407c647168b 100644
--- a/addons/web/static/tests/views/list_view_tests.js
+++ b/addons/web/static/tests/views/list_view_tests.js
@@ -101,12 +101,19 @@ QUnit.module("Views", (hooks) => {
                         o2m: { string: "O2M field", type: "one2many", relation: "bar" },
                         m2m: { string: "M2M field", type: "many2many", relation: "bar" },
                         amount: { string: "Monetary field", type: "monetary" },
+                        amount_currency: { string: "Monetary field (currency)", type: "monetary", currency_field: "company_currency_id" },
                         currency_id: {
                             string: "Currency",
                             type: "many2one",
                             relation: "res_currency",
                             default: 1,
                         },
+                        company_currency_id: {
+                            string: "Company Currency",
+                            type: "many2one",
+                            relation: "res_currency",
+                            default: 2,
+                        },
                         datetime: { string: "Datetime Field", type: "datetime" },
                         reference: {
                             string: "Reference Field",
@@ -128,7 +135,9 @@ QUnit.module("Views", (hooks) => {
                             m2o: 1,
                             m2m: [1, 2],
                             amount: 1200,
+                            amount_currency: 1100,
                             currency_id: 2,
+                            company_currency_id: 1,
                             date: "2017-01-25",
                             datetime: "2016-12-12 10:55:05",
                             reference: "bar,1",
@@ -2974,6 +2983,32 @@ QUnit.module("Views", (hooks) => {
         );
     });
 
+    QUnit.test("currency_field is taken into account when formatting monetary values", async (assert) => {
+        await makeView({
+            type: "list",
+            resModel: "foo",
+            serverData,
+            arch: `
+                <tree>
+                    <field name="company_currency_id" invisible="1"/>
+                    <field name="currency_id" invisible="1"/>
+                    <field name="amount"/>
+                    <field name="amount_currency"/>
+                </tree>`,
+        });
+
+        assert.strictEqual(
+            target.querySelectorAll('.o_data_row td[name="amount"]')[0].textContent,
+            "1200.00\u00a0€",
+            "field should be formatted based on currency_id"
+        );
+        assert.strictEqual(
+            target.querySelectorAll('.o_data_row td[name="amount_currency"]')[0].textContent,
+            "$\u00a01100.00",
+            "field should be formatted based on company_currency_id"
+        );
+    });
+
     QUnit.test(
         "groups can not be sorted on a different field than the first field of the groupBy - 1",
         async function (assert) {