diff --git a/Gemfile b/Gemfile
index 534d80235c..8c32e738ac 100644
--- a/Gemfile
+++ b/Gemfile
@@ -27,7 +27,7 @@ gem 'cancan', '~> 1.6.10'
 gem 'ffaker'
 gem 'highline', '2.0.3' # Necessary for the install generator
 gem 'json'
-gem 'money', '< 6.1.0'
+gem 'monetize', '~> 1.1'
 gem 'paranoia', '~> 2.4'
 gem 'ransack', '~> 1.8.10'
 gem 'state_machines-activerecord'
diff --git a/Gemfile.lock b/Gemfile.lock
index f678ef3e57..9a921e9fe8 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -457,9 +457,10 @@ GEM
     mini_racer (0.2.15)
       libv8 (> 7.3)
     minitest (5.14.3)
-    money (5.0.0)
-      i18n (~> 0.4)
-      json
+    monetize (1.9.4)
+      money (~> 6.12)
+    money (6.13.8)
+      i18n (>= 0.6.4, <= 2)
     msgpack (1.3.3)
     multi_json (1.15.0)
     multi_xml (0.6.0)
@@ -789,7 +790,7 @@ DEPENDENCIES
   knapsack
   letter_opener (>= 1.4.1)
   mini_racer (= 0.2.15)
-  money (< 6.1.0)
+  monetize (~> 1.1)
   oauth2 (~> 1.4.4)
   ofn-qz!
   order_management!
diff --git a/app/helpers/spree/reports_helper.rb b/app/helpers/spree/reports_helper.rb
index 3f299c8250..eb1c60cd3c 100644
--- a/app/helpers/spree/reports_helper.rb
+++ b/app/helpers/spree/reports_helper.rb
@@ -1,4 +1,4 @@
-require 'spree/money_decorator'
+require 'spree/money'
 
 module Spree
   module ReportsHelper
diff --git a/lib/spree/money.rb b/lib/spree/money.rb
index 413c2f0e8c..8ff14ce203 100644
--- a/lib/spree/money.rb
+++ b/lib/spree/money.rb
@@ -9,7 +9,7 @@ module Spree
     delegate :cents, to: :money
 
     def initialize(amount, options = {})
-      @money = ::Money.parse([amount, (options[:currency] || Spree::Config[:currency])].join)
+      @money = ::Monetize.parse([amount, (options[:currency] || Spree::Config[:currency])].join)
       @options = {}
       @options[:with_currency] = Spree::Config[:display_currency]
       @options[:symbol_position] = Spree::Config[:currency_symbol_position].to_sym
@@ -21,6 +21,11 @@ module Spree
       @options[:symbol_position] = @options[:symbol_position].to_sym
     end
 
+    # Return the currency symbol (on its own) for the current default currency
+    def self.currency_symbol
+      ::Money.new(0, Spree::Config[:currency]).symbol
+    end
+
     def to_s
       @money.format(@options)
     end
@@ -30,11 +35,15 @@ module Spree
       if options[:html]
         # 1) prevent blank, breaking spaces
         # 2) prevent escaping of HTML character entities
-        output = output.gsub(" ", "&nbsp;").html_safe
+        output = output.sub(" ", "&nbsp;").html_safe
       end
       output
     end
 
+    def format(options = {})
+      @money.format(@options.merge!(options))
+    end
+
     def ==(other)
       @money == other.money
     end
diff --git a/lib/spree/money_decorator.rb b/lib/spree/money_decorator.rb
deleted file mode 100644
index 10ecce8034..0000000000
--- a/lib/spree/money_decorator.rb
+++ /dev/null
@@ -1,25 +0,0 @@
-Spree::Money.class_eval do
-  # return the currency symbol (on its own) for the current default currency
-  def self.currency_symbol
-    Money.new(0, Spree::Config[:currency]).symbol
-  end
-
-  def rounded
-    @options[:no_cents] = true if @money.dollars % 1 == 0
-    to_s
-  end
-
-  def to_html(options = { html: true })
-    output = @money.format(@options.merge(options))
-    if options[:html]
-      # 1) prevent blank, breaking spaces
-      # 2) prevent escaping of HTML character entities
-      output = output.sub(" ", "&nbsp;").html_safe
-    end
-    output
-  end
-
-  def format(options = {})
-    @money.format(@options.merge!(options))
-  end
-end