The buying rate for the Omani Rial in exchange for the Pakistan Rupee (PKR) increased by 25 paisas to Rs722.9 while the selling rate stood at Rs731.40 in the open market on Thursday, January 23, 2025.
The Omani Rial denoted as OMR, serves as the official currency of Oman and is subdivided into 1,000 smaller units called baisa.
Conversion of 500 and 1000 OMR to Pakistani Rupees
On January 23, the prevailing exchange rate suggests that 500 Rial is equivalent to Rs361,450 whereas 1,000 OMR amounts to Rs722,900 in Pakistani currency.
To convert Omani Rial to Pakistani Rupee, individuals travelling to Pakistan with OMR can approach banks or exchange company branches for the currency exchange process.
It is also important to highlight that the exchange rate of Rs722.9 per OMR in the open market holds considerable significance for the large Pakistani expatriate population living in Oman, which is estimated to number approximately 250,000 individuals involved in various employment or business ventures.
Read More: Saudi Riyal to Pakistani rupee rate; 23 Jan 2025
Meanwhile, the exchange rate of the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) stands at 74.32 in the open market on Thursday, January 23, 2025.
The rate of Saudi Riyal gained strength by two paisa against the Pakistani Rupee (PKR) based on the closing rate of the previous working day in the open market. As per details, the selling price of the Saudi Riyal now stands at Rs74.52.
The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored by considerable financial assistance from the kingdom.
Each year, millions of Pakistani expatriates working in Saudi Arabia send substantial portions of their earnings back to Pakistan.
#Omani #Rial #Pakistani #rupee #rate #January
Leave a Reply