Yes, it is possible to center the text in a cell with a money format. Here's how you can do it:

1. Select the cell or range of cells that you want to format.
2. Right-click on the selected cells and choose "Format Cells" from the context menu.
3. In the Format Cells dialog box, select the "Number" tab.
4. Choose "Currency" from the Category list.
5. Select the desired currency symbol and decimal places.
6. Click on the "Alignment" tab.
7. Under the "Horizontal" section, select "Center" from the drop-down menu.
8. Click "OK" to apply the changes.

Now the text in the cell with a money format should be centered. If you still have trouble, make sure that the cell is wide enough to accommodate the currency symbol and the value. You can adjust the column width by dragging the column boundary to the left or right.