(1) If, after an obligation is expressed or a loss is incurred in a foreign money,
the country issuing or adopting that money substitutes a new money in place of that
money, the obligation or the loss is treated as if expressed or incurred in the new
money at the rate of conversion the issuing country establishes for the payment of
like obligations or losses denominated in the former money.
(2) If substitution under subsection (1) occurs after a judgment or award is entered
on a foreign-money claim, the court or arbitrator shall amend the judgment or award
by a like conversion of the former money.
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