of exchange •prevailing on the date of entry of the judgment or decree. N.Y.Jud.Law § 27(b) (McKinney 1987) (emphasis added). Before § 27(b) was enacted, New York courts applied the breach-day conversion rule, which entitled a plaintiff to recover an amount in dollars equal to the exchange rate between dollars and the foreign currency at the time of breach. See Competex, 783 F.2d at 334; Middle East Banking v. State Street Bank Int'l, 821 F.2d 897, 902-03 (1987); Indag, S.A. v. Irridelco Corp., 658 F.Supp. 763 (S.D.N.Y.1987). Section 27(b) now explicitly provides that a judgment entered in a foreign currency be converted into United States dollars at the exchange rate prevailing on the date of judgment. See Agfa-Gevaert, A.G., v. A.B. Dick Company, 879 F.2d 1518, 1524 (7th Cir.1989) (<HOLDING>); but see Elevator Motors Corp. v. Leistritz
holding that new york judiciary law  27b expressly requires use of the date of judgment for conversion of a foreign currency into dollars holding that new york law applies to this matter holding that a divorce granted at a foreign consulate in new york was not valid for immigration purposes because it did not comply with new york law holding jurisdiction over nonresident defendant existed where note was payable in new york contained new york choice of law clause and proceeds were used to finance new york limited partnership holding that outofstate defendants transmittal into new york of ceaseanddesist letter to new york plaintiff for purported trademark infringement was insufficient to create jurisdiction over defendant in a new york declaratory judgment action