Today's TWD to MYR Price Update

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Summary

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

Definition

The New Taiwan Dollar (TWD) is the official fiat currency of Taiwan, while the Malaysian Ringgit (MYR) is the primary currency of Malaysia. The exchange rate between them reflects the relative economic strength and currency stability of both nations, serving as an important indicator for cross-border trade and investment flows in the Asia-Pacific region.

Today’s Price

  • 1 TWD = 0.128 MYR
  • 24h High: 0.12808 MYR
  • 24h Low: 0.12789 MYR

Market Analysis

The TWD/MYR pair is currently trading with minimal volatility, reflecting stable bilateral currency relationships between Taiwan and Malaysia.

  • Technical levels: Current trading range between 0.12789 MYR (support) and 0.12808 MYR (resistance)
  • Risk note: Broader regional economic shifts and central bank policy adjustments could impact near-term movements

Conclusion

Continue to monitor the TWD/MYR pair for potential trading opportunities. Traders should remain attentive to regional economic data releases and currency policy developments that may influence exchange rate dynamics in the coming trading sessions.

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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