A. Except as provided in subsection C of this section, a judgment or award on a foreign-money claim must be stated in an amount of the money of the claim.
§ 729.8.Judgment Or Award On Foreign-Money Claim
Chapter 12: Judgment · Not amended since adoption on record · Last verified August 3, 2026
In one sentenceSection 729.8 requires a judgment on a foreign-money claim to be stated in that currency, payable in it or, at the debtor's option, in equivalent dollars at the bank-offered spot rate, with costs always assessed in dollars.
Full Text of § 729.8
B. A judgment or award on a foreign-money claim is payable in that foreign money or, at the option of the debtor, in the amount of United States dollars which will purchase that foreign money on the conversion date at a bank-offered spot rate.
C. Assessed costs must be entered in United States dollars.
D. Each payment in United States dollars must be accepted and credited on a judgment or award on a foreign-money claim in the amount of the foreign money that could be purchased by the dollars at a bank- offered spot rate of exchange at or near the close of business on the conversion date for that payment.
E. A judgment or award made in an action or distribution proceeding on both:
1. A defense, set-off, recoupment or counterclaim; and
2. The adverse party's claim, must be netted by converting the money of the smaller into the money of the larger, and by subtracting the smaller from the larger, and specify the rates of exchange used.
F. A judgment substantially in the following form complies with subsection A of this section:
IT IS ADJUDGED AND ORDERED, that Defendant (insert name) pay to Plaintiff (insert name) the sum of (insert amount in the foreign money) plus interest on that sum at the rate of (insert rate - see Section 10 of this act) percent a year or, at the option of the judgment debtor, the number of United States dollars which will purchase the (insert name of foreign money) with interest due, at a bank- offered spot rate at or near the close of business on the banking day next before the day of payment, together with assessed costs of (insert amount) United States dollars.
G. If a contract claim is of the type covered by subsection A or B of Section 6 of this act, the judgment or award must be entered for the amount of money stated to measure the obligation to be paid in the money specified for payment or, at the option of the debtor, the number of United States dollars which will purchase the computed amount of the money of payment on the conversion date at a bank-offered spot rate.
H. In order to create a lien, a judgment in foreign money must be filed and indexed in the same manner as other judgments. It may be discharged in the same manner as other judgments.
Amendment History
Added by Laws 1994, SB 634, c. 165, § 8, eff. 1/1/1995.
Plain-English Summary
A judgment or award on a foreign-money claim has to name the foreign money itself, not a dollar figure. The debtor then has a choice: pay in that foreign money, or pay in whatever amount of United States dollars will buy that foreign money at a bank-offered spot rate on the conversion date. Costs, though, are always entered and paid in dollars.
Every dollar payment gets credited against the foreign-money judgment at the spot rate available near the close of business on the conversion date for that payment. If a judgment or award nets out a counterclaim against the main claim, the court converts the smaller into the larger's currency, subtracts, and states the exchange rates it used. The section even supplies model judgment language, and a foreign-money judgment creates and discharges a real estate lien the same way any other judgment does.
Frequently Asked Questions
Does an Oklahoma judgment on a foreign-money claim get entered in dollars?
Not the underlying claim — it's stated in the foreign money. The debtor can then choose to pay in that foreign money or in the equivalent U.S. dollars at the bank-offered spot rate.
How are court costs handled on a foreign-money judgment?
Assessed costs must always be entered in United States dollars, separate from the foreign-money portion of the judgment.
If both sides have claims in different currencies, how does the judgment net them out?
The court converts the smaller claim into the currency of the larger, subtracts one from the other, and states the exchange rates it used.
Can a foreign-money judgment create a lien on real estate like any other judgment?
Yes. To create a lien, it must be filed and indexed the same way as other judgments, and it can be discharged the same way too.
Source & verification. Section text is reproduced verbatim from
Title 12 of the Oklahoma Statutes, enacted by the Oklahoma Legislature.
Last verified August 3, 2026.
· Official source
Also known as: foreign currency judgment form oklahomapaying judgment in foreign moneynetting counterclaim different currencies12 os 729.8