Today's MYR to THB Price Update

Summary

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

Definition

The Malaysian Ringgit (MYR) and Thai Baht (THB) are important fiat currencies representing Southeast Asian economies. The exchange rate between them reflects market sentiment regarding the relative economic strength of Malaysia and Thailand, as well as investor confidence in regional currency stability.

Today’s Price

• 1 MYR = 7.97 THB (as of February 23, 2026, 20:00:21 UTC)
• 24h High: 7.9981 THB
• 24h Low: 7.9495 THB

Market Analysis

Recent price movements in the MYR/THB pair show moderate volatility within a tight trading range. Technical analysis indicates the pair is trading above both the 34-EMA and 55-EMA on the 4-hour chart, suggesting a potential uptrend.

• Technical levels: Key support at 7.9495 THB, resistance at 7.9981 THB
• Risk note: Continued volatility within the current range; monitor economic data releases from both countries
• Trading opportunities: Watch for breakout moves above 8.00 THB or consolidation strategies within the established range

Conclusion

Continue to monitor the MYR/THB pair closely, integrating technical indicators with regional economic developments. Traders should remain alert to support and resistance levels while assessing potential breakout opportunities in the coming trading sessions.