Today's NZD to MYR Price Update

Summary

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

Definition

The New Zealand Dollar (NZD) and Malaysian Ringgit (MYR) are important fiat currencies in their respective regions. The exchange rate between them reflects market sentiment toward economic conditions in both countries and serves as a key indicator for forex traders operating in the Asia-Pacific region.

Today’s Price

• 1 NZD = 2.32 MYR
• 24h High: 2.3271 MYR
• 24h Low: 2.3154 MYR

Market Analysis

The NZD/MYR pair is currently showing mixed technical signals as of February 24, 2026 to date.

• Technical levels: Key daily support at 2.32 MYR, daily resistance at 2.35 MYR. Short-term resistance identified at 2.40 MYR
• Momentum indicators: The 14-day Relative Strength Index (RSI) stands at 34.598, suggesting a Sell signal and indicating potential downward pressure
• Risk note: The oversold RSI reading suggests heightened volatility; traders should exercise caution with position sizing
• Trading opportunities: Watch for potential bounces near support levels at 2.32 MYR, with resistance levels at 2.35 MYR and 2.40 MYR as key zones to monitor

Conclusion

Continue to monitor the NZD/MYR pair closely, integrating technical analysis with market sentiment. Current RSI readings suggest a cautious outlook; traders should focus on support and resistance levels for tactical entry and exit strategies.