Today's KRW to MYR Price Update

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Summary

This report provides the real-time exchange rate between the South Korean Won (KRW) and Malaysian Ringgit (MYR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South Korean Won (KRW) is the official currency of South Korea, while the Malaysian Ringgit (MYR) is the official currency of Malaysia. The exchange rate between them reflects market sentiment regarding the relative economic strength and monetary policy positions of both nations.

Today’s Price

  • 1 KRW = 0.00274 MYR
  • 24h High: 0.0027619 MYR
  • 24h Low: 0.0027287 MYR

Market Analysis

Recent KRW/MYR price movements reflect shifting dynamics in the East Asian currency markets. Technical indicators suggest constructive momentum for the pair.

  • Technical indicators: The 14-day Relative Strength Index (RSI) stands at 72.039, suggesting a Buy signal. Moving averages show a Strong Buy outlook with 12 Buy signals and 0 Sell signals across multiple timeframes (MA5 to MA200).
  • Market outlook: Forward-looking analysis anticipates a positive trend for KRW/MYR through July 2026.
  • Trading opportunities: Monitor the current price levels for potential entry points as technical indicators remain favorably aligned.

Conclusion

Continue to monitor the KRW/MYR pair closely, integrating technical analysis with market sentiment. The current bullish technical setup presents trading opportunities for those seeking exposure to the KRW/MYR currency pair through January 29, 2026 and beyond.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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