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) is the primary fiat currency of India, while the Malaysian Ringgit (MYR) is the official currency of Malaysia. The exchange rate between them reflects the relative economic strength of both nations and investor confidence in their respective monetary policies.
Today’s Price
1 INR = 0.0432 MYR
24h High: 0.043234 MYR
24h Low: 0.04249 MYR
Market Analysis
Recent INR/MYR price movements reflect the broader dynamics between Indian and Malaysian economic conditions. Technical analysis indicators provide valuable insights for traders:
Technical indicators: The 14-day Relative Strength Index (RSI) for MYR/INR stands at 52.573, indicating a Neutral market sentiment
Technical tools in focus: Moving averages, Stochastics, MACD, and average volume analysis are key metrics for monitoring this currency pair
Short-term forecast: Rate target in 14 days projected at 0.0461 MYR
Long-term outlook: INR to MYR exchange rate is forecasted to decline to RM 0.03188 by the end of 2026 (-26.15% compared to current rates)
Conclusion
Continue to monitor the INR/MYR pair closely, integrating technical analysis with fundamental economic indicators. Traders should pay attention to key support and resistance levels while considering both short-term volatility and longer-term depreciation trends in the forecast outlook.
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.
Today's INR to MYR Price Update
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) is the primary fiat currency of India, while the Malaysian Ringgit (MYR) is the official currency of Malaysia. The exchange rate between them reflects the relative economic strength of both nations and investor confidence in their respective monetary policies.
Today’s Price
Market Analysis
Recent INR/MYR price movements reflect the broader dynamics between Indian and Malaysian economic conditions. Technical analysis indicators provide valuable insights for traders:
Conclusion
Continue to monitor the INR/MYR pair closely, integrating technical analysis with fundamental economic indicators. Traders should pay attention to key support and resistance levels while considering both short-term volatility and longer-term depreciation trends in the forecast outlook.