Thanks for the feedback. I tryed this but it's not working. I am probably setting it up wrong. It had the effect of temporarily displaying a no decimal place number but it displayed the new value in addtion to the existing list, not in place of it and then it when away when another selection is made...
FYI when a selection is made from currencyField (the dropdown control), it's value is auto-filled in another field and other fields are also auto-filled. The auto-filled fields display properly with the desired two decimal places. currencyField reads from SharePoint list that also display it's values with only 2 decimal places in the list.
Per your advice I added a rule to currencyField control to set another field called extraField, to 99999.99999.
Action: set field extraField to 99999.99999
on extraField control, I added a rule as follows:
Condition: if currencyField is not blank,
Action: set field extraField to round(currencyField * 100) /100