Ability to define the appearance (currency, decimal, etc.) on Formula Field

Ability to define the appearance (currency, decimal, etc.) on Formula Field

The Formula Field does not allow the user to define the appearance/format option, it would be great to add it so that the user can define the appearance for this field same as currently supported in Number/Decimal/Currency fields:

Post discussing this topic: https://help.zoho.com/portal/en/community/topic/how-to-display-formula-result-as-currency