diff --git a/src/Symfony/Component/Form/CHANGELOG.md b/src/Symfony/Component/Form/CHANGELOG.md
index 45af0903317d0..00d3b2fc4027b 100644
--- a/src/Symfony/Component/Form/CHANGELOG.md
+++ b/src/Symfony/Component/Form/CHANGELOG.md
@@ -5,6 +5,7 @@ CHANGELOG
 ---
 
  * Add support for displaying nested options in DebugCommand
+ * Add support for strings as data for the `MoneyType`
 
 7.2
 ---
diff --git a/src/Symfony/Component/Form/Extension/Core/DataTransformer/MoneyToLocalizedStringTransformer.php b/src/Symfony/Component/Form/Extension/Core/DataTransformer/MoneyToLocalizedStringTransformer.php
index b03f8da4444fe..e9c9cb9e55259 100644
--- a/src/Symfony/Component/Form/Extension/Core/DataTransformer/MoneyToLocalizedStringTransformer.php
+++ b/src/Symfony/Component/Form/Extension/Core/DataTransformer/MoneyToLocalizedStringTransformer.php
@@ -70,7 +70,7 @@ public function reverseTransform(mixed $value): int|float|null
         if (null !== $value) {
             $value = (string) ($value * $this->divisor);
 
-            if ('float' === $this->input) {
+            if ('integer' !== $this->input) {
                 return (float) $value;
             }
 
diff --git a/src/Symfony/Component/Form/Extension/Core/Type/MoneyType.php b/src/Symfony/Component/Form/Extension/Core/Type/MoneyType.php
index 2657b03afb039..38dbfc038b63d 100644
--- a/src/Symfony/Component/Form/Extension/Core/Type/MoneyType.php
+++ b/src/Symfony/Component/Form/Extension/Core/Type/MoneyType.php
@@ -14,6 +14,7 @@
 use Symfony\Component\Form\AbstractType;
 use Symfony\Component\Form\Exception\LogicException;
 use Symfony\Component\Form\Extension\Core\DataTransformer\MoneyToLocalizedStringTransformer;
+use Symfony\Component\Form\Extension\Core\DataTransformer\StringToFloatTransformer;
 use Symfony\Component\Form\FormBuilderInterface;
 use Symfony\Component\Form\FormInterface;
 use Symfony\Component\Form\FormView;
@@ -38,6 +39,10 @@ public function buildForm(FormBuilderInterface $builder, array $options): void
                 $options['input'],
             ))
         ;
+
+        if ('string' === $options['input']) {
+            $builder->addModelTransformer(new StringToFloatTransformer($options['scale']));
+        }
     }
 
     public function buildView(FormView $view, FormInterface $form, array $options): void
@@ -77,7 +82,7 @@ public function configureOptions(OptionsResolver $resolver): void
 
         $resolver->setAllowedTypes('html5', 'bool');
 
-        $resolver->setAllowedValues('input', ['float', 'integer']);
+        $resolver->setAllowedValues('input', ['float', 'integer', 'string']);
 
         $resolver->setNormalizer('grouping', static function (Options $options, $value) {
             if ($value && $options['html5']) {
diff --git a/src/Symfony/Component/Form/Tests/Extension/Core/Type/MoneyTypeTest.php b/src/Symfony/Component/Form/Tests/Extension/Core/Type/MoneyTypeTest.php
index f9112ffcac74a..aa0d6c24993c8 100644
--- a/src/Symfony/Component/Form/Tests/Extension/Core/Type/MoneyTypeTest.php
+++ b/src/Symfony/Component/Form/Tests/Extension/Core/Type/MoneyTypeTest.php
@@ -11,6 +11,7 @@
 
 namespace Symfony\Component\Form\Tests\Extension\Core\Type;
 
+use Symfony\Component\Form\Exception\TransformationFailedException;
 use Symfony\Component\Form\Extension\Core\Type\MoneyType;
 use Symfony\Component\Intl\Util\IntlTestHelper;
 
@@ -146,4 +147,54 @@ public function testIntegerInputWithoutDivisor()
 
         $this->assertSame(1234567, $form->getData());
     }
+
+    public function testDefaultFormattingWithScaleAndStringInput()
+    {
+        $form = $this->factory->create(static::TESTED_TYPE, null, ['scale' => 2, 'input' => 'string']);
+        $form->setData('12345.67890');
+
+        $this->assertSame('12345.68', $form->createView()->vars['value']);
+    }
+
+    public function testStringInputWithFloatData()
+    {
+        $this->expectException(TransformationFailedException::class);
+        $this->expectExceptionMessage('Expected a numeric string.');
+
+        $this->factory->create(static::TESTED_TYPE, 12345.6789, [
+            'input' => 'string',
+            'scale' => 2,
+        ]);
+    }
+
+    public function testStringInputWithIntData()
+    {
+        $this->expectException(TransformationFailedException::class);
+        $this->expectExceptionMessage('Expected a numeric string.');
+
+        $this->factory->create(static::TESTED_TYPE, 12345, [
+            'input' => 'string',
+            'scale' => 2,
+        ]);
+    }
+
+    public function testSubmitStringInputWithDefaultScale()
+    {
+        $form = $this->factory->create(static::TESTED_TYPE, null, ['input' => 'string']);
+        $form->submit('1.234');
+
+        $this->assertSame('1.23', $form->getData());
+        $this->assertSame(1.23, $form->getNormData());
+        $this->assertSame('1.23', $form->getViewData());
+    }
+
+    public function testSubmitStringInputWithScale()
+    {
+        $form = $this->factory->create(static::TESTED_TYPE, null, ['input' => 'string', 'scale' => 3]);
+        $form->submit('1.234');
+
+        $this->assertSame('1.234', $form->getData());
+        $this->assertSame(1.234, $form->getNormData());
+        $this->assertSame('1.234', $form->getViewData());
+    }
 }