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) is a major fiat currency in the Asia-Pacific region, while the Malaysian Ringgit (MYR) represents another key currency in Southeast Asian markets. The exchange rate between them reflects market sentiment toward regional economic conditions and currency stability in both jurisdictions.

Today’s Price

• 1 HKD = 0.505 MYR
• 24h High: 0.50449 MYR
• 24h Low: 0.50218 MYR

Market Analysis

Recent HKD/MYR price movements reflect shifting dynamics in regional currency markets as of February 9, 2026 to present.

• Technical indicators: The 14-day RSI for HKD/MYR stands at 64.880, suggesting bullish momentum. However, mixed signals are present in the broader technical picture, with some analysis indicating potential sell pressures that warrant caution.
• Price forecast: Analysts project a potential -3.24% change in March compared to current rates, suggesting downside risks in the near term.
• Risk note: The pair exhibits conflicting technical signals; traders should exercise caution despite current bullish RSI readings.
• Trading opportunities: Monitor support and resistance levels for entry and exit points; consider the mixed technical outlook when positioning trades.

Conclusion

Continue to monitor the HKD/MYR pair closely, integrating technical analysis with market sentiment. The current bullish RSI reading should be weighed against cautionary signals and near-term forecast expectations to develop a balanced trading strategy.