The class Selenium Select has 3 methods of different option selection:
Now,
This is what I used to solve the issue in python.
I used this option, so it selects the text that uses the word DOLLAR instead of typing the whole word as the value.
Select(driver.find_element_by_name(ELEMENT)).select_by_value("DOLLAR")
instead of
Select(driver.find_element_by_name(ELEMENT)).select_by_visible_text(text)