diff --git a/frappe/model/meta.py b/frappe/model/meta.py
index d208797644..424856b5cf 100644
--- a/frappe/model/meta.py
+++ b/frappe/model/meta.py
@@ -549,7 +549,7 @@ def get_field_precision(df, doc=None, currency=None):
 
 	elif df.fieldtype == "Currency":
 		if df.precision and cint(df.precision) == 0:
-			precision = cint(df.precision)
+			precision = 0
 		else:
 			precision = cint(frappe.db.get_default("currency_precision"))
 			if not precision:
diff --git a/frappe/public/js/frappe/form/formatters.js b/frappe/public/js/frappe/form/formatters.js
index 5db4bbaced..ef6976e896 100644
--- a/frappe/public/js/frappe/form/formatters.js
+++ b/frappe/public/js/frappe/form/formatters.js
@@ -63,8 +63,8 @@ frappe.form.formatters = {
 		var currency  = frappe.meta.get_field_currency(docfield, doc);
 		var precision;
 
-		if (docfield.precision === 0) {
-			precision = docfield.precision;
+		if (docfield.precision && cint(docfield.precision) === 0) {
+			precision = 0;
 		} else {
 			precision = docfield.precision || cint(frappe.boot.sysdefaults.currency_precision) || 2;
 		}
diff --git a/frappe/public/js/frappe/model/meta.js b/frappe/public/js/frappe/model/meta.js
index c252e6821b..fc815c1d92 100644
--- a/frappe/public/js/frappe/model/meta.js
+++ b/frappe/public/js/frappe/model/meta.js
@@ -257,7 +257,7 @@ $.extend(frappe.meta, {
 			precision = cint(df.precision);
 		} else if(df && df.fieldtype === "Currency") {
 			if (df.precision && cint(df.precision) === 0) {
-				precision = cint(df.precision);
+				precision = 0;
 			} else {
 				precision = cint(frappe.defaults.get_default("currency_precision"));
 				if(!precision) {