diff --git a/README.md b/README.md
index e8d59388..20db1e99 100644
--- a/README.md
+++ b/README.md
@@ -47,6 +47,7 @@ import {
       backgroundColor: '#e26a00',
       backgroundGradientFrom: '#fb8c00',
       backgroundGradientTo: '#ffa726',
+      decimalPlaces: 2, // optional, defaults to 2dp
       color: (opacity = 1) => `rgba(255, 255, 255, ${opacity})`,
       style: {
         borderRadius: 16
diff --git a/src/abstract-chart.js b/src/abstract-chart.js
index e41506ac..63105c56 100644
--- a/src/abstract-chart.js
+++ b/src/abstract-chart.js
@@ -29,6 +29,7 @@ class AbstractChart extends Component {
 
   renderHorizontalLabels = config => {
     const { count, data, height, paddingTop, paddingRight, yLabelsOffset = 12 } = config
+	var decimalPlaces = (this.props.chartConfig.decimalPlaces !== undefined) ? this.props.chartConfig.decimalPlaces : 2;
     return [...new Array(count)].map((_, i) => {
       return (
         <Text
@@ -38,7 +39,7 @@ class AbstractChart extends Component {
           y={(height * 3 / 4) - ((height - paddingTop) / count * i) + 12}
           fontSize={12}
           fill={this.props.chartConfig.color(0.5)}
-        >{(((Math.max(...data) - Math.min(...data)) / (count - 1) * i) + Math.min(...data)).toFixed(2)}
+        >{(((Math.max(...data) - Math.min(...data)) / (count - 1) * i) + Math.min(...data)).toFixed(decimalPlaces)}
         </Text>
       )
     })