diff --git a/packages/hooks/src/use-currency-formatter/use-currency-formatter.tsx b/packages/hooks/src/use-currency-formatter/use-currency-formatter.tsx
index 23d207fd2..791319cf6 100644
--- a/packages/hooks/src/use-currency-formatter/use-currency-formatter.tsx
+++ b/packages/hooks/src/use-currency-formatter/use-currency-formatter.tsx
@@ -3,9 +3,14 @@ import { useMemo } from 'react';
 import { NumberFormatter } from '@internationalized/number';
 import Decimal from 'decimal.js-light';
 
+// any number under this limit is considered very small decimal
 const decimalLimit = 0.00000000009;
+
+// number used to replace very small decimals with <$0.00000001
 const overDecimalLimitIndicator = 0.00000001;
 
+const standardLimitDigits = 6;
+
 type UseCurrencyFormatterProps = {
   currency?: string;
   compact?: boolean;
@@ -54,20 +59,26 @@ const useCurrencyFormatter = (options: UseCurrencyFormatterProps = {}): UseCurre
       return standard.format(value);
     }
 
+    const isVerySmallDecimal = new Decimal(value).lte(decimalLimit);
+
     // checks if decimal is lower than the limit
-    if (new Decimal(value).lte(decimalLimit)) {
+    if (isVerySmallDecimal) {
       return `<${decimal.format(overDecimalLimitIndicator)}`;
     }
 
     const length = value.toFixed(0).length;
 
+    // checks if the number is solely decimal
     const isOnlyDecimal = length === 1 && value < 1;
 
     if (isOnlyDecimal) {
       return decimal.format(value);
     }
 
-    return length > 6 ? compact.format(value) : standard.format(value);
+    // any number above limit digits amount will be formatted with compact approach
+    const shouldCompact = length > standardLimitDigits;
+
+    return shouldCompact ? compact.format(value) : standard.format(value);
   };
 };