How to format Number to Currency in C# ?

using System;
using System.Collections.Generic;
using System.IO;
using System.Linq;
using System.Text;
using System.Threading.Tasks;

namespace ConsoleApplication1
{
    class Program
    {
        //AC - How to format Number to Currency in C#
        static void Main(string[] args)
        {
            Console.WriteLine("AbundantCode developer's expense {0:C}", 50500.50);
            Console.Read();
        }
    }
}