diff --git a/src/PhpSpreadsheet/Calculation/Engine/FormattedNumber.php b/src/PhpSpreadsheet/Calculation/Engine/FormattedNumber.php
index 70a231719..6853578d7 100644
--- a/src/PhpSpreadsheet/Calculation/Engine/FormattedNumber.php
+++ b/src/PhpSpreadsheet/Calculation/Engine/FormattedNumber.php
@@ -3,6 +3,7 @@
 namespace PhpOffice\PhpSpreadsheet\Calculation\Engine;
 
 use PhpOffice\PhpSpreadsheet\Calculation\Calculation;
+use PhpOffice\PhpSpreadsheet\Shared\StringHelper;
 
 class FormattedNumber
 {
@@ -17,6 +18,7 @@ class FormattedNumber
         [self::class, 'convertToNumberIfNumeric'],
         [self::class, 'convertToNumberIfFraction'],
         [self::class, 'convertToNumberIfPercent'],
+        [self::class, 'convertToNumberIfCurrency'],
     ];
 
     /**
@@ -92,4 +94,28 @@ class FormattedNumber
 
         return false;
     }
+
+    /**
+     * Identify whether a string contains a currency value, and if so,
+     * convert it to a numeric.
+     *
+     * @param string $operand string value to test
+     */
+    public static function convertToNumberIfCurrency(string &$operand): bool
+    {
+        $quotedCurrencyCode = preg_quote(StringHelper::getCurrencyCode());
+        $regExp = '~^(?:(?: *(?<PrefixedSign>[-+])? *' . $quotedCurrencyCode . ' *(?<PrefixedSign2>[-+])? *(?<PrefixedValue>[0-9]+\.?[0-9*]*(?:E[-+]?[0-9]*)?) *)|(?: *(?<PostfixedSign>[-+])? *(?<PostfixedValue>[0-9]+\.?[0-9]*(?:E[-+]?[0-9]*)?) *' . $quotedCurrencyCode . ' *))$~i';
+
+        $match = [];
+        if (preg_match($regExp, $operand, $match, PREG_UNMATCHED_AS_NULL)) {
+            //Determine the sign
+            $sign = ($match['PrefixedSign'] ?? $match['PrefixedSign2'] ?? $match['PostfixedSign']) ?? '';
+            //Cast to a float
+            $operand = (float) ($sign . ($match['PostfixedValue'] ?? $match['PrefixedValue']));
+
+            return true;
+        }
+
+        return false;
+    }
 }
diff --git a/tests/PhpSpreadsheetTests/Calculation/CalculationTest.php b/tests/PhpSpreadsheetTests/Calculation/CalculationTest.php
index 0b94c19ec..5aaf7a615 100644
--- a/tests/PhpSpreadsheetTests/Calculation/CalculationTest.php
+++ b/tests/PhpSpreadsheetTests/Calculation/CalculationTest.php
@@ -5,6 +5,7 @@ namespace PhpOffice\PhpSpreadsheetTests\Calculation;
 use PhpOffice\PhpSpreadsheet\Calculation\Calculation;
 use PhpOffice\PhpSpreadsheet\Calculation\Functions;
 use PhpOffice\PhpSpreadsheet\Cell\DataType;
+use PhpOffice\PhpSpreadsheet\Shared\StringHelper;
 use PhpOffice\PhpSpreadsheet\Spreadsheet;
 use PHPUnit\Framework\TestCase;
 
@@ -216,6 +217,20 @@ class CalculationTest extends TestCase
         self::assertSame(2.0, $cell2->getCalculatedValue());
     }
 
+    public function testCellWithStringCurrency(): void
+    {
+        $currencyCode = StringHelper::getCurrencyCode();
+
+        $spreadsheet = new Spreadsheet();
+        $workSheet = $spreadsheet->getActiveSheet();
+        $cell1 = $workSheet->getCell('A1');
+        $cell1->setValue($currencyCode . '2');
+        $cell2 = $workSheet->getCell('B1');
+        $cell2->setValue('=100*A1');
+
+        self::assertSame(200.0, $cell2->getCalculatedValue());
+    }
+
     public function testBranchPruningFormulaParsingSimpleCase(): void
     {
         $calculation = Calculation::getInstance();
diff --git a/tests/PhpSpreadsheetTests/Calculation/Engine/FormattedNumberTest.php b/tests/PhpSpreadsheetTests/Calculation/Engine/FormattedNumberTest.php
index 40c16cecb..375db36c8 100644
--- a/tests/PhpSpreadsheetTests/Calculation/Engine/FormattedNumberTest.php
+++ b/tests/PhpSpreadsheetTests/Calculation/Engine/FormattedNumberTest.php
@@ -3,6 +3,7 @@
 namespace PhpOffice\PhpSpreadsheetTests\Calculation\Engine;
 
 use PhpOffice\PhpSpreadsheet\Calculation\Engine\FormattedNumber;
+use PhpOffice\PhpSpreadsheet\Shared\StringHelper;
 use PHPUnit\Framework\TestCase;
 
 class FormattedNumberTest extends TestCase
@@ -183,4 +184,44 @@ class FormattedNumberTest extends TestCase
             'permutation_88' => [' - % 2.50e - 06 ', ' - % 2.50e - 06 '],
         ];
     }
+
+    /**
+     * @dataProvider providerCurrencies
+     */
+    public function testCurrencies(string $expected, string $value): void
+    {
+        $originalValue = $value;
+        $result = FormattedNumber::convertToNumberIfCurrency($value);
+        if ($result === false) {
+            self::assertSame($expected, $originalValue);
+            self::assertSame($expected, $value);
+        } else {
+            self::assertSame($expected, (string) $value);
+            self::assertNotEquals($value, $originalValue);
+        }
+    }
+
+    public function providerCurrencies(): array
+    {
+        $currencyCode = StringHelper::getCurrencyCode();
+        return [
+            'basic_prefix_currency'    => ['2.75', "{$currencyCode}2.75"],
+            'basic_postfix_currency'    => ['2.75', "2.75{$currencyCode}"],
+
+            'basic_prefix_currency_with_spaces'    => ['2.75', "{$currencyCode} 2.75"],
+            'basic_postfix_currency_with_spaces'    => ['2.75', "2.75 {$currencyCode}"],
+
+            'negative_basic_prefix_currency'    => ['-2.75', "-{$currencyCode}2.75"],
+            'negative_basic_postfix_currency'    => ['-2.75', "-2.75{$currencyCode}"],
+
+            'negative_basic_prefix_currency_with_spaces'    => ['-2.75', "-{$currencyCode} 2.75"],
+            'negative_basic_postfix_currency_with_spaces'    => ['-2.75', "-2.75 {$currencyCode}"],
+
+            'basic_prefix_scientific_currency'    => ['2000000', "{$currencyCode}2E6"],
+            'basic_postfix_scientific_currency'    => ['2000000', "2E6{$currencyCode}"],
+
+            'basic_prefix_scientific_currency_with_spaces'    => ['2000000', "{$currencyCode} 2E6"],
+            'basic_postfix_scientific_currency_with_spaces'    => ['2000000', "2E6 {$currencyCode}"],
+        ];
+    }
 }