ZIMSEC Sets Fixed Exchange Rate For Examination Fees

The Zimbabwe School Examinations Council (ZIMSEC) has announced a fixed exchange rate of ZiG 26.65 to US$1 for examination fees paid in local currency between March 10 and March 14, 2025. This rate will apply to fees for the June and November O & A Level examinations, as well as for Grade 6 and 7 exams.

According to ZIMSEC’s Director of Finance, Ms. Zipora Muzenda, the fixed exchange rate aims to provide stability amid ongoing fluctuations in the local currency. This measure will assist parents and guardians in planning their payments for examination fees ¹.

Key Features of the New Policy:

– Fixed Exchange Rate: ZiG 26.65 to US$1 for examination fees paid in local currency between March 10 and March 14, 2025.
– Weekly Exchange Rates: ZIMSEC will issue weekly exchange rates to guide payments during the examination periods.
– Flexible Payment Options: Parents and guardians can pay fees in either Zimbabwean dollars or US dollars.
– Streamlined Payment Process: Examination centres are required to remit the fees in the same currency that was paid.

This move is part of broader efforts to address the challenges faced by Zimbabwean families in navigating the volatile exchange rate environment, ensuring that examination fees remain accessible and predictable for students and their families.