Today's AED to MYR Price Update

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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) is a major fiat currency in the Middle East, while the Malaysian Ringgit (MYR) is a key currency in Southeast Asia. The exchange rate between them reflects market sentiment regarding regional economic conditions and currency stability in both regions.

Today’s Price

  • 1 AED = 1.11 MYR
  • 24h High: 1.1153 MYR
  • 24h Low: 1.1101 MYR

Market Analysis

Recent AED/MYR price movements indicate relatively stable trading conditions with modest daily fluctuations.

  • Technical levels: The 14-day RSI reading of 62.224 suggests a Buy signal, indicating moderately bullish momentum
  • Volatility: 30-day volatility stands at 0.55%, reflecting low to moderate price movement
  • Risk note: Monitor for potential reversals as RSI approaches overbought territory

Conclusion

Continue to monitor the AED/MYR pair closely, integrating technical indicators with market sentiment to identify potential trading opportunities within the current price range.

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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