Currency exchange rate Gold against the Malaysian Ringgit. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Gold currency exchange rate against the Malaysian Ringgit currency:
currency exchange rate history, background information, prediction and more about XAU/MYR
Chart of History of changes in the XAU/MYR exchange rate
XAU/MYR exchange rate on today
05 15, 2024
1 XAU = 10,322 MYR
▲ 0.39 %
This page provides information about the currency pair Gold/Malaysian Ringgit, and more precisely about how much 1 Gold costs in Malaysian Ringgit.
Data on the currency pair XAU/MYR are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair XAU/MYR and make a balanced decision about buying and selling the currency you are interested in.
The page also provides information about the dynamics of the exchange rate of Gold/Malaysian Ringgit, statistics and prediction of the exchange rate of these currencies in the near future from our experts.
How to make a forecast for currencies and cryptocurrencies?
There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:
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Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.
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Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.
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Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.
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Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.
In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.
Change in the XAU/MYR exchange rate over the past 30 days
For the last 30 days (04 16, 2024 — 05 15, 2024) the Gold exchange rate against the Malaysian Ringgit currency changed by -4.18% (10,773 MYR — 10,322 MYR)
Change in the XAU/MYR exchange rate over the past 90 days
For the last 90 days (02 16, 2024 — 05 15, 2024) the Gold exchange rate against the Malaysian Ringgit currency changed by 16% (8,899 MYR — 10,322 MYR)
Change in the XAU/MYR exchange rate over the past 365 days
For the last 365 days (05 17, 2023 — 05 15, 2024) the Gold exchange rate against the Malaysian Ringgit currency changed by 24.65% (8,281 MYR — 10,322 MYR)
Change in the XAU/MYR exchange rate for all time
For all the time our site has been running (01 04, 2010 — 05 15, 2024) the Gold exchange rate against the Malaysian Ringgit currency changed by 2717763.41% (0.38 MYR — 10,322 MYR)
Gold/Malaysian Ringgit price prediction
Gold/Malaysian Ringgit price prediction for the next 30 days*
17/05 | 10,412 MYR | ▲ 0.87 % |
18/05 | 10,367 MYR | ▼ -0.43 % |
19/05 | 10,359 MYR | ▼ -0.08 % |
20/05 | 10,403 MYR | ▲ 0.43 % |
21/05 | 10,419 MYR | ▲ 0.15 % |
22/05 | 10,429 MYR | ▲ 0.09 % |
23/05 | 10,201 MYR | ▼ -2.18 % |
24/05 | 10,097 MYR | ▼ -1.02 % |
25/05 | 10,091 MYR | ▼ -0.06 % |
26/05 | 10,088 MYR | ▼ -0.03 % |
27/05 | 10,132 MYR | ▲ 0.44 % |
28/05 | 10,128 MYR | ▼ -0.04 % |
29/05 | 10,128 MYR | ▼ -0 % |
30/05 | 10,111 MYR | ▼ -0.16 % |
31/05 | 10,030 MYR | ▼ -0.81 % |
01/06 | 10,019 MYR | ▼ -0.1 % |
02/06 | 9,986 MYR | ▼ -0.33 % |
03/06 | 9,884 MYR | ▼ -1.02 % |
04/06 | 9,867 MYR | ▼ -0.17 % |
05/06 | 9,866 MYR | ▼ -0 % |
06/06 | 9,954 MYR | ▲ 0.89 % |
07/06 | 9,953 MYR | ▼ -0.01 % |
08/06 | 9,950 MYR | ▼ -0.02 % |
09/06 | 10,022 MYR | ▲ 0.72 % |
10/06 | 10,134 MYR | ▲ 1.11 % |
11/06 | 10,128 MYR | ▼ -0.06 % |
12/06 | 10,140 MYR | ▲ 0.12 % |
13/06 | 10,040 MYR | ▼ -0.99 % |
14/06 | 10,016 MYR | ▼ -0.25 % |
15/06 | 9,981 MYR | ▼ -0.35 % |
* — Price prediction of the Gold/Malaysian Ringgit currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.
Gold/Malaysian Ringgit price prediction for the next 3 months*
20/05 — 26/05 | 10,344 MYR | ▲ 0.21 % |
27/05 — 02/06 | 10,554 MYR | ▲ 2.02 % |
03/06 — 09/06 | 10,552 MYR | ▼ -0.02 % |
10/06 — 16/06 | 10,746 MYR | ▲ 1.84 % |
17/06 — 23/06 | 11,210 MYR | ▲ 4.32 % |
24/06 — 30/06 | 11,704 MYR | ▲ 4.41 % |
01/07 — 07/07 | 12,204 MYR | ▲ 4.27 % |
08/07 — 14/07 | 12,073 MYR | ▼ -1.08 % |
15/07 — 21/07 | 11,878 MYR | ▼ -1.61 % |
22/07 — 28/07 | 11,630 MYR | ▼ -2.09 % |
29/07 — 04/08 | 11,761 MYR | ▲ 1.13 % |
05/08 — 11/08 | 11,692 MYR | ▼ -0.59 % |
Gold/Malaysian Ringgit price prediction for the next year*
06/2024 | 10,323 MYR | ▲ 0.01 % |
07/2024 | 10,120 MYR | ▼ -1.96 % |
08/2024 | 10,443 MYR | ▲ 3.18 % |
09/2024 | 10,248 MYR | ▼ -1.87 % |
10/2024 | 11,145 MYR | ▲ 8.76 % |
11/2024 | 10,943 MYR | ▼ -1.81 % |
12/2024 | 10,728 MYR | ▼ -1.96 % |
01/2025 | 11,190 MYR | ▲ 4.31 % |
02/2025 | 11,357 MYR | ▲ 1.49 % |
03/2025 | 12,482 MYR | ▲ 9.91 % |
04/2025 | 12,964 MYR | ▲ 3.86 % |
05/2025 | 12,904 MYR | ▼ -0.46 % |
Gold/Malaysian Ringgit exchange rate statistics
For 30 days | |
---|---|
Minimum | 10,129 MYR |
Maximum | 10,767 MYR |
Weighted Average | 10,388 MYR |
For 90 days | |
Minimum | 8,886 MYR |
Maximum | 10,767 MYR |
Weighted Average | 9,800 MYR |
For 365 days | |
Minimum | 7,871 MYR |
Maximum | 10,767 MYR |
Weighted Average | 8,793 MYR |
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