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angular - Format the number to have minimum of 2 decimal points, a maximum of 5 decimal points with commas in javascript

In my angular application I have to show number with minimum of 2 decimal places points, a maximum of 5 decimal points with commas .

Here is my code which is working fine for commas , but its working for 2 decimal places maximum, which should be 5 and it doesn't show 2 decimal automatically till user enter

private FormatNumber(value) {
    const valArray = value === null ? this.el.nativeElement.value.split('.') : value.split('.');
    for (let i = 0; i < valArray.length; ++i) {
      valArray[i] = valArray[i].replace(/D/g, '');
    }

    let newVal = '';

    if (valArray.length === 0) {
      newVal = '';
    } else {
      const matches = valArray[0].match(/[0-9]{3}/gim);

      if (matches !== null && valArray[0].length > 3) {
        const commaGroups = Array.from(
          Array.from(valArray[0])
            .reverse()
            .join('')
            .match(/[0-9]{3}/gim)
            .join()
        )
          .reverse()
          .join('');
        const replacement = valArray[0].replace(commaGroups.replace(/D/g, ''), '');

        newVal = (replacement.length > 0 ? replacement + ',' : '') + commaGroups;
      } else {
        newVal = valArray[0];
      }

      if (valArray.length > 1) {
        newVal += '.' + valArray[1].substring(0, 2);
      }
    }
    const modelValue = newVal.replace(/,/g, '');
    if (modelValue !== this.model.control.value) {
      this.model.control.setValue(modelValue);
    }
    setTimeout(() => {
      if (this.el.nativeElement.value !== newVal) {
        this.el.nativeElement.value = newVal;
      }
    }, 0);
  }
question from:https://stackoverflow.com/questions/65857269/format-the-number-to-have-minimum-of-2-decimal-points-a-maximum-of-5-decimal-po

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