You can use StringFormat in Silverlight 4 to provide a custom formatting of the value you bind to.
Dates
The date formatting has a huge range of options.
For the DateTime of “April 17, 2004, 1:52:45 PM”
You can either use a set of standard formats (standard formats)…
StringFormat=f : “Saturday, April 17, 2004 1:52 PM”
StringFormat=g : “4/17/2004 1:52 PM”
StringFormat=m : “April 17”
StringFormat=y : “April, 2004”
StringFormat=t : “1:52 PM”
StringFormat=u : “2004-04-17 13:52:45Z”
StringFormat=o : “2004-04-17T13:52:45.0000000”
… or you can create your own date formatting using letters (custom formats)
StringFormat=’MM/dd/yy’ : “04/17/04”
StringFormat=’MMMM dd, yyyy g’ : “April 17, 2004 A.D.”
StringFormat=’hh:mm:ss.fff tt’ : “01:52:45.000 PM”