diff --git a/src/pages/iou/IOUCurrencySelection.js b/src/pages/iou/IOUCurrencySelection.js
index 7a08a8261cbf..1238d8934f75 100644
--- a/src/pages/iou/IOUCurrencySelection.js
+++ b/src/pages/iou/IOUCurrencySelection.js
@@ -104,7 +104,7 @@ function IOUCurrencySelection(props) {
             };
         });
 
-        const searchRegex = new RegExp(Str.escapeForRegExp(searchValue), 'i');
+        const searchRegex = new RegExp(Str.escapeForRegExp(searchValue.trim()), 'i');
         const filteredCurrencies = _.filter(currencyOptions, (currencyOption) => searchRegex.test(currencyOption.text));
         const isEmpty = searchValue.trim() && !filteredCurrencies.length;