diff --git a/doc/src/sgml/func.sgml b/doc/src/sgml/func.sgml
new file mode 100644
index b1e94d7..b895757
*** a/doc/src/sgml/func.sgml
--- b/doc/src/sgml/func.sgml
*************** SELECT SUBSTRING('XY1234Z', 'Y*?([0-9]{1
*** 6090,6101 ****
  
       <listitem>
        <para>
!        <literal>V</literal> effectively
         multiplies the input values by
         <literal>10^<replaceable>n</replaceable></literal>, where
         <replaceable>n</replaceable> is the number of digits following
!        <literal>V</literal>.
!        <function>to_char</function> does not support the use of
         <literal>V</literal> combined with a decimal point
         (e.g., <literal>99.9V99</literal> is not allowed).
        </para>
--- 6090,6103 ----
  
       <listitem>
        <para>
!        <literal>V</literal> with <function>to_char</function>
         multiplies the input values by
         <literal>10^<replaceable>n</replaceable></literal>, where
         <replaceable>n</replaceable> is the number of digits following
!        <literal>V</literal>.  <literal>V</literal> with
!        <function>to_number</function> divides in a similar manner.
!        <function>to_char</function> and <function>to_number</function>
!        do not support the use of
         <literal>V</literal> combined with a decimal point
         (e.g., <literal>99.9V99</literal> is not allowed).
        </para>
diff --git a/src/backend/utils/adt/formatting.c b/src/backend/utils/adt/formatting.c
new file mode 100644
index 84e4db8..f615af3
*** a/src/backend/utils/adt/formatting.c
--- b/src/backend/utils/adt/formatting.c
*************** numeric_to_number(PG_FUNCTION_ARGS)
*** 5047,5053 ****
  				  VARSIZE(value) - VARHDRSZ, 0, 0, false, PG_GET_COLLATION());
  
  	scale = Num.post;
! 	precision = Max(0, Num.pre) + scale;
  
  	if (shouldFree)
  		pfree(format);
--- 5047,5053 ----
  				  VARSIZE(value) - VARHDRSZ, 0, 0, false, PG_GET_COLLATION());
  
  	scale = Num.post;
! 	precision = Num.pre + Num.multi + scale;
  
  	if (shouldFree)
  		pfree(format);
*************** numeric_to_number(PG_FUNCTION_ARGS)
*** 5056,5061 ****
--- 5056,5078 ----
  								 CStringGetDatum(numstr),
  								 ObjectIdGetDatum(InvalidOid),
  					  Int32GetDatum(((precision << 16) | scale) + VARHDRSZ));
+ 
+ 	if (IS_MULTI(&Num))
+ 	{
+ 		Numeric		x;
+ 		Numeric		a = DatumGetNumeric(DirectFunctionCall1(int4_numeric,
+ 													 Int32GetDatum(10)));
+ 		Numeric		b = DatumGetNumeric(DirectFunctionCall1(int4_numeric,
+ 											  Int32GetDatum(-Num.multi)));
+ 
+ 		x = DatumGetNumeric(DirectFunctionCall2(numeric_power,
+ 												NumericGetDatum(a),
+ 												NumericGetDatum(b)));
+ 		result = DirectFunctionCall2(numeric_mul,
+ 									 result,
+ 									 NumericGetDatum(x));
+ 	}
+ 
  	pfree(numstr);
  	return result;
  }