North Carolina General Statutes
Article 19 - The North Carolina Foreign-Money Claims Act.
§ 1C-1823 - Determining proper money of the claim.

1C-1823. Determining proper money of the claim.
(a) The money in which the parties to a transaction have agreed that payment is to be made is the proper money of the claim for payment.
(b) If the parties to a transaction have not otherwise agreed, the proper money of the claim, as in each case may be appropriate, is the money:
(1) Regularly used between the parties as a matter of usage or course of dealing;
(2) Used at the time of a transaction in international trade, by trade usage or common practice, for valuing or settling transactions in the particular commodity or service involved; or
(3) In which the loss was ultimately felt or will be incurred by the party claimant. (1995, c. 213, s. 1.)

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