diff --git a/src/ONYXKEYS.ts b/src/ONYXKEYS.ts
index a07266738004..23b56d921c4d 100755
--- a/src/ONYXKEYS.ts
+++ b/src/ONYXKEYS.ts
@@ -551,8 +551,8 @@ const ONYXKEYS = {
         SETTINGS_STATUS_SET_CLEAR_AFTER_FORM_DRAFT: 'settingsStatusSetClearAfterFormDraft',
         SETTINGS_STATUS_CLEAR_DATE_FORM: 'settingsStatusClearDateForm',
         SETTINGS_STATUS_CLEAR_DATE_FORM_DRAFT: 'settingsStatusClearDateFormDraft',
-        CHANGE_BILLING_CURRENCY_FORM: 'changeBillingCurrencyForm',
-        CHANGE_BILLING_CURRENCY_FORM_DRAFT: 'changeBillingCurrencyFormDraft',
+        CHANGE_BILLING_CURRENCY_FORM: 'billingCurrencyForm',
+        CHANGE_BILLING_CURRENCY_FORM_DRAFT: 'billingCurrencyFormDraft',
         PRIVATE_NOTES_FORM: 'privateNotesForm',
         PRIVATE_NOTES_FORM_DRAFT: 'privateNotesFormDraft',
         I_KNOW_A_TEACHER_FORM: 'iKnowTeacherForm',
diff --git a/src/pages/settings/Subscription/PaymentCard/ChangeBillingCurrency/index.tsx b/src/pages/settings/Subscription/PaymentCard/ChangeBillingCurrency/index.tsx
index 96aad062f9f9..5cb4e10c735f 100644
--- a/src/pages/settings/Subscription/PaymentCard/ChangeBillingCurrency/index.tsx
+++ b/src/pages/settings/Subscription/PaymentCard/ChangeBillingCurrency/index.tsx
@@ -1,4 +1,4 @@
-import React, {useCallback, useMemo} from 'react';
+import React, {useCallback, useEffect, useMemo} from 'react';
 import {View} from 'react-native';
 import {useOnyx} from 'react-native-onyx';
 import type {ValueOf} from 'type-fest';
@@ -7,6 +7,7 @@ import type {FormOnyxValues} from '@components/Form/types';
 import HeaderWithBackButton from '@components/HeaderWithBackButton';
 import ScreenWrapper from '@components/ScreenWrapper';
 import useLocalize from '@hooks/useLocalize';
+import usePrevious from '@hooks/usePrevious';
 import useThemeStyles from '@hooks/useThemeStyles';
 import Navigation from '@navigation/Navigation';
 import * as PaymentMethods from '@userActions/PaymentMethods';
@@ -19,11 +20,24 @@ function ChangeBillingCurrency() {
     const [fundList] = useOnyx(ONYXKEYS.FUND_LIST);
     const defaultCard = useMemo(() => Object.values(fundList ?? {}).find((card) => card.accountData?.additionalData?.isBillingCard), [fundList]);
 
-    const changeBillingCurrency = useCallback((currency?: ValueOf<typeof CONST.PAYMENT_CARD_CURRENCY>, values?: FormOnyxValues<typeof ONYXKEYS.FORMS.CHANGE_BILLING_CURRENCY_FORM>) => {
-        if (values?.securityCode) {
-            PaymentMethods.updateBillingCurrency(currency ?? CONST.PAYMENT_CARD_CURRENCY.USD, values.securityCode);
+    const [formData] = useOnyx(ONYXKEYS.FORMS.CHANGE_BILLING_CURRENCY_FORM);
+    const formDataComplete = formData?.isLoading === false && !formData.errors;
+    const prevIsLoading = usePrevious(formData?.isLoading);
+    const prevFormDataComplete = usePrevious(formDataComplete);
+
+    useEffect(() => {
+        if (!formDataComplete || prevFormDataComplete || !prevIsLoading) {
+            return;
         }
         Navigation.goBack();
+    }, [formDataComplete, prevFormDataComplete, prevIsLoading]);
+
+    const changeBillingCurrency = useCallback((currency?: ValueOf<typeof CONST.PAYMENT_CARD_CURRENCY>, values?: FormOnyxValues<typeof ONYXKEYS.FORMS.CHANGE_BILLING_CURRENCY_FORM>) => {
+        if (!values?.securityCode) {
+            Navigation.goBack();
+            return;
+        }
+        PaymentMethods.updateBillingCurrency(currency ?? CONST.PAYMENT_CARD_CURRENCY.USD, values.securityCode);
     }, []);
 
     return (