diff --git a/addons/web/static/src/js/fields/basic_fields.js b/addons/web/static/src/js/fields/basic_fields.js
index 6f4bf1630f8..e823278463a 100644
--- a/addons/web/static/src/js/fields/basic_fields.js
+++ b/addons/web/static/src/js/fields/basic_fields.js
@@ -562,8 +562,8 @@ var FieldMonetary = InputField.extend({
             this.tagName = 'div';
             this.className += ' o_input';
 
-            // use the formatFloat function in edit
-            this.formatType = 'float';
+            // do not display currency symbol in edit
+            this.formatOptions.noSymbol = true;
         }
 
         this.formatOptions.currency = this.currency;
diff --git a/addons/web/static/src/js/fields/field_utils.js b/addons/web/static/src/js/fields/field_utils.js
index bca74acc088..932ea997e6a 100644
--- a/addons/web/static/src/js/fields/field_utils.js
+++ b/addons/web/static/src/js/fields/field_utils.js
@@ -290,7 +290,7 @@ function formatMonetary(value, field, options) {
         digits:  (currency && currency.digits) || options.digits,
     });
 
-    if (!currency) {
+    if (!currency || options.noSymbol) {
         return formatted_value;
     }
     if (currency.position === "after") {
diff --git a/addons/web/static/tests/fields/basic_fields_tests.js b/addons/web/static/tests/fields/basic_fields_tests.js
index 4a418c05b72..6fc104246d6 100644
--- a/addons/web/static/tests/fields/basic_fields_tests.js
+++ b/addons/web/static/tests/fields/basic_fields_tests.js
@@ -2420,6 +2420,63 @@ QUnit.module('basic_fields', {
         form.destroy();
     });
 
+    QUnit.test('monetary field with currency digits != 2', function (assert) {
+        assert.expect(5);
+
+        this.data.partner.records = [{
+            id: 1,
+            bar: false,
+            foo: "pouet",
+            int_field: 68,
+            qux: 99.1234,
+            currency_id: 1,
+        }];
+        this.data.currency.records = [{
+            id: 1,
+            display_name: "VEF",
+            symbol: "Bs.F",
+            position: "after",
+            digits: [16, 4],
+        }];
+
+        var form = createView({
+            View: FormView,
+            model: 'partner',
+            data: this.data,
+            arch:'<form string="Partners">' +
+                    '<sheet>' +
+                        '<field name="qux" widget="monetary"/>' +
+                        '<field name="currency_id" invisible="1"/>' +
+                    '</sheet>' +
+                '</form>',
+            res_id: 1,
+            session: {
+                currencies: _.indexBy(this.data.currency.records, 'id'),
+            },
+        });
+
+        // Non-breaking space between the currency and the amount
+        assert.strictEqual(form.$('.o_field_widget').first().text(), '99.1234\u00a0Bs.F',
+            'The value should be displayed properly.');
+
+        form.$buttons.find('.o_form_button_edit').click();
+        assert.strictEqual(form.$('input').first().val(), '99.1234',
+            'The input should be rendered without the currency symbol.');
+        assert.strictEqual(form.$('input').parent().children().eq(1).text(), 'Bs.F',
+            'The input should be followed by a span containing the currency symbol.');
+
+        form.$('input').first().val('99.111111111').trigger('input');
+        assert.strictEqual(form.$('input').first().val(), '99.111111111',
+            'The value should not be formated yet.');
+
+        form.$buttons.find('.o_form_button_save').click();
+        // Non-breaking space between the currency and the amount
+        assert.strictEqual(form.$('.o_field_widget').first().text(), '99.1111\u00a0Bs.F',
+            'The new value should be rounded properly.');
+
+        form.destroy();
+    });
+
     QUnit.test('monetary field in editable list view', function (assert) {
         assert.expect(9);