KARACHI: The Omani Rial (OMR) was trading at a buying rate of Rs722.9 and a selling rate of Rs731.4 against the Pakistani Rupee (PKR) in the open market on tuesday, January 28, 2025.
The Omani Rial is the official currency of Oman and is divided into 1,000 baisa.
Converting Omani Rial to Pakistani Rupee
Omani Rial to Pakistani Rupee Rate; January 28, 2025 Outlook As of January 27, the current exchange rate indicates that 500 OMR is equivalent to Rs361,450, while 1,000 OMR converts to Rs722,900 in Pakistani currency.
Individuals traveling to Pakistan with Omani Rial can exchange their currency at banks or exchange company branches throughout the country.
Significance for Pakistani Expatriates
The open market exchange rate of Rs722.9 per OMR holds particular importance for the estimated 250,000 Pakistani expatriates residing and working in Oman. These individuals are engaged in various employment sectors and business ventures within the country.
Read More: Saudi Riyal to Pakistani Rupee Rate: January 28, 2025
Meanwhile, the Saudi Riyal (SAR) was trading at a buying rate of Rs74.31 and a selling rate of Rs74.51 against the Pakistani Rupee (PKR) in the open market on January 27, 2025.
The Saudi Riyal remained unchanged against the Pakistani Rupee on Monday.
Pakistan and Saudi Arabia share a longstanding and mutually beneficial partnership, with the Kingdom often providing significant financial assistance to Pakistan.
Millions of Pakistani expatriates working in Saudi Arabia remit a substantial portion of their earnings back to Pakistan each year, contributing significantly to the country’s economy.