Today's INR to MYR Price Update

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Summary

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

Definition

The Indian Rupee (INR) and Malaysian Ringgit (MYR) are important fiat currencies in the Asian markets. The exchange rate between them reflects market perceptions of currency strength and investor confidence in the economic fundamentals of both nations.

Today’s Price

  • 1 INR = 0.0449 MYR
  • 24h High: 0.044996 MYR
  • 24h Low: 0.044642 MYR

Market Analysis

The INR/MYR pair shows neutral market sentiment in the current trading cycle as of January 16, 2026. Technical indicators provide important insights into potential price movements:

  • Technical Indicator: The 14-day Relative Strength Index (RSI) stands at 49.262, indicating a neutral position with no overbought or oversold conditions
  • Technical Focus: Traders should monitor key support and resistance levels through moving averages and other technical indicators for intraday trading opportunities
  • Trading Considerations: Watch for potential directional breaks from the current neutral zone, as this could signal emerging trends in either direction

Conclusion

Continue to monitor the INR/MYR pair closely, utilizing technical analysis tools such as moving averages, RSI, and support/resistance levels to identify trading opportunities. The neutral RSI reading suggests a balanced market awaiting directional catalysts.

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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