The Zimbabwe School Examinations Council (ZIMSEC) has announced that parents and guardians of learners writing examinations in November 2022 will have to use the rate prevailing in the week of 22 to 29 July 2022 if they wish to pay in Zimbabwe dollars.
In a notice seen by Pindula News, ZIMSEC said the rate is ZW$455 to 1 United States dollar. Reads the notice:
NOTIFICATION OF THE INTERBANK RATE TO BE APPLIED ON THE 2022 EXAMINATION FEES PAID IN ZWL
The Zimbabwe School Examinations Council would like to inform its stakeholders, parents/ guardians and candidates of the Interbank rate which shall apply when making payments for the 2022 Examination Fees in ZWL.
Fees are pegged in USD and parents who wish to make payments in USD or Rands are able to do so. Those who would like to make payments in ZWL will use the rate communicated herein from the period of 22 to 29 July 2022.
ZWL Interbank Rate The exchange rate to be applied for payments is ZWL 455 to 1 USD.
Payments for the examination fees should not be paid directly into ZIMSEC accounts by individual parents. Payments are made to the school or centre of registration for forward remission to ZIMSEC by the relevant authorities.
For more information or queries contact the ZIMSEC Regional offices or Head Office (0242 302623/4)