You'll need to subclass it IIRC.

Off the top of my head the pseudo code looks like this:
Qt Code:
  1. connect(textEdit event, qlineeditsubclass::mysupercoolslot)
  2. qlineeditsubclass::mysupercoolslot()
  3. {
  4. setCurrentDisplayedString([B]QString(get <CURR_STRING>,'f',2)[/B]);
  5. }
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QString::number(<CURR_STRING>,'f',2)

Where get <CURR_STRING> is just asking the QLineEdit for a copy of its string, 'f' says you want floating point format, and '2' says you want 2 decimal places.

Works like a charm.