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 the relative economic strength and monetary policy dynamics of both nations, as well as broader regional currency market trends.

Today’s Price

• 1 KRW = 0.0028 MYR
• 24h High: 0.0028125 MYR
• 24h Low: 0.0027855 MYR

Market Analysis

The KRW/MYR pair is currently trading in a neutral zone, with technical indicators suggesting balanced market sentiment. Recent analysis indicates a forecasted decrease of -0.79% in the near term, with the rate expected to move from the current level of 0.002797 MYR toward 0.002775 MYR.

• Technical indicators: The 14-day Relative Strength Index (RSI) stands at 50.213, indicating a neutral market condition with no clear directional bias
• Risk note: The pair shows mixed signals and warrants cautious positioning; potential for market reversal should be monitored
• Trading opportunities: Watch for consolidation patterns and potential breakout opportunities as the pair tests support and resistance levels within the recent 24-hour range

Conclusion

Continue to monitor the KRW/MYR pair closely, integrating technical analysis with broader currency market trends. Traders should remain vigilant for potential turning points while respecting the current neutral market conditions from December 11, 2025 to date.