<ul data-eligibleForWebStory="true">When building web applications, formatting numbers as monetary values is essential.Two approaches to format monetary values in JavaScript are using toLocaleString() and Intl.NumberFormat.toLocaleString() method formats numbers based on locale and options specified.Example of formatting a value as British pound sterling (£123.45).Precision customization using minimumFractionDigits and maximumFractionDigits options.Formatting multiple values can be done efficiently using Intl.NumberFormat.Creating a reusable formatter for multiple values in a specific currency (e.g., GBP).Similar to toLocaleString(), precision customization is available in Intl.NumberFormat as well.Conclusion on formatting monetary values using JavaScript for user-friendly displays.Additional resources include ebooks on similar topics and a newsletter for updates.