Android Format Currency Input editText

I have an editText, starting value is $0.00. When you press 1, it changes to $0.01. Press 4, it goes to $0.14. Press 8, $1.48. Press backspace, $0.14, etc.

That works, the problem is, if somebody manually positions the cursor, problems occur in the formatting. If they were to delete the decimal, it won’t come back. If they put the cursor in front of the decimal and type 2, it will display $02.00 instead of $2.00. If they try to delete the $ it will delete a digit instead, for example.

<code> mEditPrice.setRawInputType(Configuration.KEYBOARD_12KEY);
public void priceClick(View view) {
mEditPrice.addTextChangedListener(new TextWatcher(){
DecimalFormat dec = new DecimalFormat("0.00");
@Override
public void afterTextChanged(Editable arg0) {
}
@Override
public void beforeTextChanged(CharSequence s, int start,
int count, int after) {
}
@Override
public void onTextChanged(CharSequence s, int start,
int before, int count) {
</code>
<code> if(!s.toString().equals(current)){
mEditPrice.removeTextChangedListener(this);

String cleanString = s.toString().replaceAll("[$,.]", "");
</code>
<code> BigDecimal parsed = new BigDecimal(cleanString).setScale(2,BigDecimal.ROUND_FLOOR).divide(new BigDecimal(100),BigDecimal.ROUND_FLOOR);
 String formated = NumberFormat.getCurrencyInstance().format(parsed);</code>
<code>        current = formated;       </code>
<code> mEditPrice</code>.setText(formated);       
<code> mEditPrice</code>.setSelection(formated.length());
<code>mEditPrice</code>.addTextChangedListener(this);
<code>    }</code>
<code>
}
});</code>

Referenced by: http://stackoverflow.com/questions/5107901/better-way-to-format-currency-input-edittext