Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 158 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 31. FOREIGN EXCHANGE RATES The principal closing foreign exchange rates used (expressed on the basis of one unit of foreign currency to Ringgit Malaysia equivalent) for the translation of foreign currency balances at the end of the reporting period are as follows:- The Group/The Company 2021 2020 RM RM Singapore Dollar 3.09 3.04 United States Dollar 4.18 4.01 Philippine Peso 0.08 0.08 New Taiwan Dollar 0.15 0.14 Euro 4.73 4.93 Great Britain Pound 5.64 5.49 Indonesian Rupiah 0.00029 0.00029
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