Today's MYR to NZD Price Update

Summary

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

Definition

The Malaysian Ringgit (MYR) and New Zealand Dollar (NZD) are important fiat currencies in their respective regions. The exchange rate between them reflects market sentiment toward both currencies and serves as a key indicator for forex traders and businesses engaged in cross-border transactions between Malaysia and New Zealand.

Today’s Price

• 1 MYR = 0.428 NZD
• 24h High: 0.42874 NZD
• 24h Low: 0.4286 NZD

Market Analysis

Recent price movements in the MYR/NZD pair show relatively tight consolidation within a narrow range as of January 17, 2026.

• Technical levels: Key support identified at 2.32 (NZD/MYR inverse), with resistance at 2.35 and 2.40
• Technical indicators: The 14-day RSI for MYR/NZD stands at 37.184, suggesting oversold conditions and a potential sell signal
• Risk note: The pair remains within tight trading bands with limited volatility; traders should watch for breakouts beyond established support and resistance levels
• Trading opportunities: Monitor for potential moves toward the forecasted range of 0.431 to 0.442 over the medium term

Conclusion

Continue to monitor the MYR/NZD pair closely, paying attention to technical support and resistance levels. Integrate RSI readings and price action analysis to identify optimal entry and exit points for trading strategies.