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In this tutorial, the speaker explains how to add a switch at the end of a mail merge field code to format currency. They encounter an issue where an amount (2000) is displayed without the desired formatting, such as a dollar sign, commas, and decimal places. The speaker wants the output to show the amount correctly, mentioning that they don't need decimal places. They reference the field for the amount as "award" and demonstrate how to access the field by pressing Alt + F9. After looking up the necessary switch, they prepare to paste it into the code to achieve the desired formatting.