California Codes, Code of Civil Procedure - CCP, Part 2 — Of Civil Actions, Title 8.5 — Uniform Foreign-money Claims Act, Section 676.12
(a) 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.
(b) If substitution under subdivision (a) 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.
Notes
Requires an obligation or loss expressed in a foreign money that is replaced by a new national money to be treated as expressed in the new money at the issuing country’s conversion rate for like obligations or losses. If substitution occurs after judgment or award, the court or arbitrator must amend it using the same conversion.
Use as reference
Lexinter.net | California Code, Code of Civil Procedure - CCP § 676.12 | https://laws.lexinter.net/codes/california/code-of-civil-procedure/part-2/title-8-5/section-676-12