diff --git a/plugins/woocommerce-admin/packages/components/CHANGELOG.md b/plugins/woocommerce-admin/packages/components/CHANGELOG.md
index e888b7bb3a9..c4224f2adad 100644
--- a/plugins/woocommerce-admin/packages/components/CHANGELOG.md
+++ b/plugins/woocommerce-admin/packages/components/CHANGELOG.md
@@ -10,6 +10,7 @@
   - `showHeaderControls`: whether the header controls must be visible. Defaults to true.
 - `getColor()` method in chart utils now requires `keys` and `colorScheme` to be passed as separate params.
 - Fix to avoid duplicated Y-axis ticks when the Y max value was 0.
+- Remove decimals from Y-axis when displaying currencies.
 
 # 1.3.0
 
diff --git a/plugins/woocommerce-admin/packages/components/src/chart/index.js b/plugins/woocommerce-admin/packages/components/src/chart/index.js
index e45aa2e7403..d53a4f178db 100644
--- a/plugins/woocommerce-admin/packages/components/src/chart/index.js
+++ b/plugins/woocommerce-admin/packages/components/src/chart/index.js
@@ -275,7 +275,7 @@ class Chart extends Component {
 				yFormat = '.0f';
 				break;
 			case 'currency':
-				yFormat = '$.3s';
+				yFormat = '$.3~s';
 				break;
 			case 'number':
 				yFormat = '.0f';