diff --git a/CHANGELOG.md b/CHANGELOG.md
index e9827a09f..cc7174c5d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,8 @@
 
 ## Next release
 
+- Fix a bug: member wallet amount calculation error in the excel export
+
 ## v6.3.24 2024 May 28
 
 - Fix a bug: unable to show member children for admin
diff --git a/app/views/exports/users_members.xlsx.axlsx b/app/views/exports/users_members.xlsx.axlsx
index 43cd048b4..edda65255 100644
--- a/app/views/exports/users_members.xlsx.axlsx
+++ b/app/views/exports/users_members.xlsx.axlsx
@@ -72,7 +72,7 @@ wb.add_worksheet(name: ExcelService.name_safe(t('export_members.members'))) do |
       member.invoicing_profile&.organization&.name || '',
       member.invoicing_profile&.organization&.address&.address || '',
       ActionController::Base.helpers.sanitize(member.profile.note, tags: []) || '',
-      member.wallet&.amount ? ActionController::Base.helpers.number_to_currency(member.wallet&.amount / 100.0, locale: CURRENCY_LOCALE) : ''
+      ActionController::Base.helpers.number_to_currency(member.wallet&.amount, locale: CURRENCY_LOCALE) || ''
     ]
     styles = [nil, nil, nil, nil, nil, nil, date, nil, nil, nil, nil, nil, nil, nil,
               nil, nil, nil, date, nil, nil, nil, nil, nil, nil, nil, nil, nil, nil, nil]