Today's KWD to MYR Price Update

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Summary

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

Definition

The Kuwaiti Dinar (KWD) is one of the world’s strongest fiat currencies, while the Malaysian Ringgit (MYR) is a major Southeast Asian currency. The exchange rate between them reflects market valuations and investor confidence in both regional economies.

Today’s Price

  • 1 KWD = 12.82 MYR (as of 2026-02-23 09:00:11)
  • 24h High: 12.7366 MYR
  • 24h Low: 12.6615 MYR
  • Current Rate: 12.692 MYR

Market Analysis

Recent KWD/MYR price movements reflect broader currency market dynamics in the Gulf and Southeast Asian regions.

  • Technical Sentiment: Market sentiment is estimated as bearish, with the 14-day RSI reading at 36.77, indicating potential downward pressure. However, conflicting technical indicators suggest caution in interpretation.
  • Risk Note: The bearish sentiment suggests heightened volatility and potential further downside risk in the near term
  • Trading Opportunities: Monitor support levels around 12.6615 MYR and watch for potential reversal signals

Conclusion

Continue to monitor the KWD/MYR pair closely, integrating technical indicators with regional economic developments. Traders should exercise caution given the current bearish sentiment and remain alert to potential volatility shifts.

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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