Today's THB to MYR Price Update

Summary

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

Definition

The Thai Baht (THB) and Malaysian Ringgit (MYR) are important fiat currencies in Southeast Asia. The exchange rate between them reflects regional economic conditions, monetary policy divergence, and cross-border trade dynamics between Thailand and Malaysia.

Today’s Price

• 1 THB = 0.1303 MYR
• 24h High: 0.13087 MYR
• 24h Low: 0.12949 MYR

Market Analysis

The THB/MYR pair is currently trading near the Fibonacci pivot point performance level of 0.1302, indicating a relatively stable price zone. Technical analysis tools including moving averages, RSI, MACD, and pivot point levels (Standard, Fibonacci, Camarilla, Woodie’s, and Demark’s) are available for detailed market assessment.

• Technical levels: Key pivot support at 0.1302 MYR
• Price range: Trading within the 24-hour band of 0.12949–0.13087 MYR
• Short-term forecast: The pair is forecasted to increase by approximately 2.04% in the coming month, potentially rising toward 0.1324 MYR

Conclusion

Continue to monitor the THB/MYR pair closely using technical indicators and pivot point analysis. Traders should focus on movements around the key support level of 0.1302 MYR and watch for potential upside opportunities toward the forecasted 0.1324 MYR level in the near term.