Today's AED to MYR Price Update

2026-02-28 19:00:28

Abstract generation in progress

Summary

This report provides the real-time exchange rate between the United Arab Emirates Dirham (AED) and Malaysian Ringgit (MYR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The United Arab Emirates Dirham (AED) and Malaysian Ringgit (MYR) are important fiat currencies in their respective regions. The exchange rate between them reflects market conditions, trade flows, and investor sentiment between the two economies.

Today’s Price

1 AED = 1.06 MYR
24h High: 1.0603 MYR
24h Low: 1.0589 MYR

Market Analysis

Recent AED/MYR price movement shows relatively low volatility, with a 30-day volatility rate of 0.54%.

Technical indicators: The 14-day RSI reading of 40.636 suggests the pair is in Sell conditions, with technical ratings indicating Strong Sell signals
Risk note: Oversold conditions may present reversal opportunities, though downward pressure remains evident
Trading opportunities: Monitor support levels near 1.0589 MYR for potential bounce trades, while resistance remains around 1.0603 MYR

Conclusion

Continue to monitor the AED/MYR pair closely, paying particular attention to RSI levels and technical signals. Traders should exercise caution given the current bearish technical setup and consider risk management strategies accordingly.

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.