Today's MYR to KRW Price Update

Summary

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

Definition

The Malaysian Ringgit (MYR) and South Korean Won (KRW) are important fiat currencies in their respective Southeast Asian and East Asian markets. The exchange rate between them reflects the relative economic strength and currency stability of Malaysia and South Korea, serving as a key indicator for bilateral trade and investment flows.

Today’s Price

• 1 MYR = 358.07 KRW (as of December 12, 2025)
• 24h High: 358.97 KRW
• 24h Low: 357.77 KRW

Market Analysis

The MYR/KRW pair has shown moderate volatility in recent trading, with the current rate trading above key moving averages. Technical indicators reveal mixed signals in the near-term outlook.

• Technical levels: Key support identified at Fibonacci level 357.815 KRW, with resistance near 358.729 KRW. The 5-period moving average sits at 358.352 KRW
• Indicator signals: Multiple moving averages (MA5, MA10) are showing sell signals, while the Ultimate Oscillator reads 45.68, also suggesting a sell bias
• Trading opportunities: Analytical forecasts suggest potential upside movement to 357.99 KRW within one week and 371.74 KRW within four weeks, indicating longer-term bullish potential despite near-term weakness

Conclusion

Continue to monitor the MYR/KRW pair closely, balancing short-term technical sell signals with longer-term bullish forecasts. Traders should watch key Fibonacci support and resistance levels for potential entry and exit opportunities, while considering the broader upside potential indicated by extended forecasts.