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Mar 15, 08:55 AM
1 OMR =
INR
224.46
PKR
623.87
PHP
145.43
USD
2.58
The Omani Riyal (OMR) is pegged to the US Dollar at 0.385 per USD (1 OMR ≈ 2.597 USD), maintained by the Central Bank of Oman since 1986. Oman's expatriate population of approximately 1.5 million — around 38% of the total population — generates remittance flows primarily to India, Bangladesh, Philippines, Pakistan, and Egypt.
The Indian community is the largest single expatriate group in Oman, with many working in construction, retail, and hospitality. The INR/OMR rate is widely followed, with exchange houses in Muscat's Ruwi district and Al Khuwair competing for the remittance corridor. Exchange houses must be licensed by the Central Bank of Oman.