Solution

Do the following:

  1. Build reports for all the objects that might have this field associated with their Custom Forms.
    For information about building a report, see Create a custom report.

  2. Include the Custom Field you are trying to edit in the view of the report, so you can see which object has this field populated with a text value.

  3. Correct the Custom Field values of the objects that display in a text format and give them a value formatted as Currency; then attempt to change the Format field on the Custom Form again.
    Or
    If you have too many field values already populated with text-formatted information, consider adding a new Custom Field to your Custom Form and format it as Currency.

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