Omani Rial to Pakistani rupee rate; February 3, 2025

KARACHI: The buying rate for the Omani Rial in exchange for the Pakistan Rupee (PKR) reached Rs722.9 while the selling rate is Rs731.4 in the open market on Monday, February 3, 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 February 3, 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 the 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.

Meanwhile, the exchange rate of the Saudi Riyal (SAR) against the Pakistani Rupee (PKR) stood at 74.36 in the open market on Monday, February 3, 2025.

The Saudi Riyal selling rate saw no change against the Pakistani Rupee (PKR). As per details, the selling price of the Saudi Riyal was recorded at Rs74.57.

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.

Last month Saudi Arabia also extended a $3 billion deposit placed with Pakistan for another year to continue bolstering the economy of the South Asian country.