diff --git a/app/helpers/application_helper.rb b/app/helpers/application_helper.rb
index 5a069253..b13b5cb1 100644
--- a/app/helpers/application_helper.rb
+++ b/app/helpers/application_helper.rb
@@ -18,6 +18,10 @@ module ApplicationHelper
     render partial: "shared/modal", locals: { content: content }
   end
 
+  def currency_dropdown(f: nil, options: [])
+    render partial: "shared/currency_dropdown", locals: { f: f, options: options }
+  end
+  
   def sidebar_link_to(name, path, options = {})
     base_class_names = [ "block", "border", "border-transparent", "rounded-xl", "-ml-2", "p-2", "text-sm", "font-medium", "text-gray-500", "flex", "items-center" ]
     hover_class_names = [ "hover:bg-white", "hover:border-[#141414]/[0.07]", "hover:text-gray-900", "hover:shadow-xs" ]
diff --git a/app/javascript/controllers/currency_dropdown_controller.js b/app/javascript/controllers/currency_dropdown_controller.js
new file mode 100644
index 00000000..d07a7a0f
--- /dev/null
+++ b/app/javascript/controllers/currency_dropdown_controller.js
@@ -0,0 +1,58 @@
+import { Controller } from "@hotwired/stimulus"
+
+// Connects to data-controller="dropdown"
+export default class extends Controller {
+  static targets = ["menu", "input", "label", "option"]
+
+  toggleMenu(event) {
+    event.stopPropagation(); // Prevent event from closing the menu immediately
+    this.repositionDropdown();
+    this.menuTarget.classList.toggle("hidden");
+  }
+
+  hideMenu = () => {
+    this.menuTarget.classList.add("hidden");
+  }
+
+  connect() {
+    document.addEventListener("click", this.hideMenu);
+  }
+
+  disconnect() {
+    document.removeEventListener("click", this.hideMenu);
+  }
+
+  repositionDropdown () {
+    const button = this.menuTarget.previousElementSibling;
+    const menu = this.menuTarget;
+
+    // Calculate position
+    const buttonRect = button.getBoundingClientRect();
+    menu.style.top = `${buttonRect.bottom + window.scrollY}px`;
+    menu.style.left = `${buttonRect.left + window.scrollX}px`;
+  }
+
+  selectOption (e) {
+    const value = e.target.getAttribute('data-value');
+
+    if (value) {
+      // Remove active option background and tick
+      this.optionTargets.forEach((element) => {
+        element.classList.remove('bg-gray-100');
+        element.children[0].classList.add('hidden');
+      });
+
+      // Set currency value and label
+      if (this.hasInputTarget) {
+        this.inputTarget.value = value;
+      }
+      if (this.hasLabelTarget) {
+        this.labelTarget.innerHTML = value;
+      }
+
+      // Reassign active option background and tick 
+      e.currentTarget.classList.add('bg-gray-100')
+      e.currentTarget.children[0].classList.remove('hidden');
+    }
+  }
+}
diff --git a/app/views/accounts/new.html.erb b/app/views/accounts/new.html.erb
index 2ec58678..1c673495 100644
--- a/app/views/accounts/new.html.erb
+++ b/app/views/accounts/new.html.erb
@@ -76,10 +76,16 @@
 
           <%= render "accounts/#{permitted_accountable_partial(@account.accountable_type)}", f: f %>
 
-        <%= f.number_field :original_balance, step: :any, placeholder: 0.00, in: 0.00..100000000.00, required: 'required', label: true %>
-
-        <%= f.collection_select :original_currency, Currency.all, :iso_code, :iso_code, { prompt: "Choose a currency", selected: Current.family.currency }, { required: 'required', label: "Base Currency" } %>
+        <%= form_field_tag do %>
+          <%= f.label :original_balance, class: "form-field__label" %>
+          <%= f.number_field :original_balance, step: :any, placeholder: number_to_currency(0), in: 0.00..100000000.00, required: 'required', class: 'form-field__input max-w-[80%]' %>
+          <%= currency_dropdown(f: f, options: ['USD', 'EUR', 'JPY', 'GBP', 'AUD', 'CAD', 'CNY', 'BTC', 'ETH']) %>
+        <% end %>
       </div>
+
+
+        <%#= f.collection_select :original_currency, Currency.all, :iso_code, :iso_code, { prompt: "Choose a currency", selected: Current.family.currency }, { required: 'required', label: "Base Currency" } %>
+
       <%= f.submit "Add #{@account.accountable.model_name.human.downcase}" %>
     <% end %>
   <% end %>
diff --git a/app/views/shared/_currency_dropdown.html.erb b/app/views/shared/_currency_dropdown.html.erb
new file mode 100644
index 00000000..96ddfdc1
--- /dev/null
+++ b/app/views/shared/_currency_dropdown.html.erb
@@ -0,0 +1,15 @@
+<div data-controller="currency-dropdown" class="absolute right-1 bottom-[10px] flex items-end">
+  <button type="button" class="flex justify-between items-center hover:bg-gray-100 focus:bg-gray-100 w-20 text-sm rounded-lg py-1 px-2" data-action="click->currency-dropdown#toggleMenu">
+    <div data-currency-dropdown-target="label"><%= f.object.currency %></div>
+    <%# Example of how account currency value is updated %>
+    <%#= f.hidden_field :currency, data: {currency_dropdown_target: "input"} %>
+    <%= lucide_icon("chevron-down", class: "text-[#737373] w-5 h-5" ) %>
+  </button>
+  <ul data-currency-dropdown-target="menu" class="hidden fixed p-1 z-10 bg-white rounded-[10px] shadow min-w-[112px] z-50 translate-y-2 border border-[#141414]/8 shadow-[inset_0_-1px_0_0_rgba(0,0,0,0.1)]">
+    <% options.each do |option| %>
+      <li data-action="click->currency-dropdown#selectOption" data-currency-dropdown-target="option" data-value="<%= option %>" class="flex justify-between items-center p-2 text-sm text-gray-700 hover:bg-gray-100 cursor-pointer rounded-lg <%= "bg-gray-100" if option === f.object.currency %>"><%= option %>
+        <%= inline_svg_tag('icn-check.svg', class: "text-gray-500 fill-current #{'hidden'if option != f.object.currency}") %>
+      </li>
+    <% end %>
+  </ul>
+</div>
\ No newline at end of file