If you're using this for currency, and also want the value to be seperated by ,'s you can use 
$ {:,.f2}.format(currency_value).
e.g.:
currency_value = 1234.50
$ {:,.f2}.format(currency_value) --> $ 1,234.50
Here is a bit of code I wrote some time ago:
print("> At the end of year  " + year_string + "  total paid is \t$ {:,.2f}".format(total_paid))
> At the end of year   1  total paid is         $ 43,806.36
> At the end of year   2  total paid is         $ 87,612.72
> At the end of year   3  total paid is         $ 131,419.08
> At the end of year   4  total paid is         $ 175,225.44
> At the end of year   5  total paid is         $ 219,031.80   <-- Note .80 and not .8
> At the end of year   6  total paid is         $ 262,838.16
> At the end of year   7  total paid is         $ 306,644.52
> At the end of year   8  total paid is         $ 350,450.88
> At the end of year   9  total paid is         $ 394,257.24
> At the end of year  10  total paid is         $ 438,063.60   <-- Note .60 and not .6
> At the end of year  11  total paid is         $ 481,869.96
> At the end of year  12  total paid is         $ 525,676.32
> At the end of year  13  total paid is         $ 569,482.68
> At the end of year  14  total paid is         $ 613,289.04
> At the end of year  15  total paid is         $ 657,095.40   <-- Note .40 and not .4  
> At the end of year  16  total paid is         $ 700,901.76
> At the end of year  17  total paid is         $ 744,708.12
> At the end of year  18  total paid is         $ 788,514.48
> At the end of year  19  total paid is         $ 832,320.84
> At the end of year  20  total paid is         $ 876,127.20   <-- Note .20 and not .2