Today's KRW to MYR Price Update

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 of both nations.

Today’s Price

• 1 KRW = 0.00276 MYR
• 24h High: 0.0027551 MYR
• 24h Low: 0.002752 MYR

Market Analysis

Recent KRW/MYR price movements reveal mixed technical signals. The 14-day Relative Strength Index (RSI) stands at 28.164, indicating oversold conditions and suggesting a potential sell signal. However, the reverse pair (MYR/KRW) displays a Strong Buy outlook with moving averages showing 12 Buy signals and 0 Sell signals across the MA5 to MA200 range.

• Technical focus: Monitor RSI levels for oversold/overbought conditions and moving average crossovers
• Risk note: The conflicting signals between KRW/MYR and MYR/KRW warrant careful position sizing and risk management
• Trading opportunities: Watch for potential reversal patterns as RSI approaches extreme levels, and consider longer-term forecasts suggesting upward pressure on the pair

Conclusion

Continue to monitor the KRW/MYR pair closely through January 17, 2026 and beyond, integrating technical indicators with fundamental economic data from both South Korea and Malaysia. Traders should remain vigilant to conflicting technical signals and adjust strategies accordingly.