Today's ZAR to MYR Price Update

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Summary

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

Definition

The South African Rand (ZAR) is the official currency of South Africa, while the Malaysian Ringgit (MYR) is the official currency of Malaysia. The exchange rate between them reflects the relative economic strength and monetary policy dynamics of both nations, serving as an important indicator for regional trade and investment flows.

Today’s Price

  • 1 ZAR = 0.248 MYR
  • 24h High: 0.25026 MYR
  • 24h Low: 0.24844 MYR

Market Analysis

The ZAR/MYR exchange rate is currently trading at 0.248 MYR per ZAR as of January 22, 2026. The pair has demonstrated moderate volatility over the past 24 hours, with a trading range of approximately 0.00182 MYR between the high and low points.

  • Technical levels: Key support at 0.24844 MYR, resistance at 0.25026 MYR
  • Risk note: Currency pairs involving emerging market currencies may experience sudden volatility due to macroeconomic shifts or policy announcements

Conclusion

Continue to monitor the ZAR/MYR pair closely, integrating regional economic developments and currency market trends. Traders should remain alert to potential breakouts beyond the established 24-hour range and adjust positions accordingly based on their risk tolerance and market 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.
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