Today's HKD to MYR Price Update

Summary

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

Definition

The Hong Kong Dollar (HKD) and Malaysian Ringgit (MYR) are important fiat currencies in the Asia-Pacific region. The exchange rate between them reflects market conditions, regional economic performance, and investor sentiment toward these two currencies.

Today’s Price

• 1 HKD = 0.529 MYR
• 24h High: 0.52897 MYR
• 24h Low: 0.5286 MYR

Market Analysis

The HKD/MYR pair is currently showing mixed signals with recent technical indicators suggesting potential downward pressure from December 9, 2025 to date.

• Technical levels: The 5-day moving average stands at 52.8076, indicating a Buy signal. However, the current rate is below the 50-day SMA at 0.5354 MYR
• Short-term forecast: Analytical forecasts suggest HKD/MYR may decline to 0.5276 MYR within 24 hours and potentially fall to 0.5207 MYR within four weeks
• Trading opportunities: Watch for potential support levels around 0.5264 MYR for short-term positioning, while monitoring resistance near current levels

Conclusion

Continue to monitor the HKD/MYR pair closely, integrating technical indicators with near-term forecast data. Traders should remain cautious of the downward pressure indicated by recent forecasts while observing key moving averages for potential trend reversals.