Malaysia implements selective exchange control policies introduced since 1st of September 1998, albeit with some major modifications to enhance effectiveness and overcome administrative difficulties.

The exchange control policies of Malaysia are applied uniformly to transactions with all countries except Israel and the Federal Republic of Yugoslavia (Serbia and Montenegro) for which special restrictions apply. The exchange control policies, in general, are aimed at monitoring the settlement of payments and receipts as well as encouraging the use of the country's financial resources for productive purposes in Malaysia. For monitoring and compilation of balance of payments statistics, residents are required to complete statistical forms, Form P or Form R, for each payment and receipt of more than RM10,000 vis-a-vis non-residents.

The Malaysian Ringgit currently is fixed against the US Dollar at RM3.80 to $1.00 US Dollar. All other currencies are based against the US Dollar which eventually leads to a stable currency exchange. All prices are quoted in Malaysian Ringgit at Sebana Cove (unless otherwise stated).

*Please note that the exchange rates are subject to change.