North Africa: Education Allocation (Currency Transfer) Tracker
Calculates the legally permitted annual convertible currency a Maghreb / North African student may transfer abroad under each country's central bank regulations.
Total Legal Convertible Ceiling
How it Works
This tracker reconstructs the official central bank devises (foreign currency) framework that governs how much a North African student may legally transfer out of their home country each academic year. The numbers are taken from primary regulations and the most recent official circulars.
Regulatory Reference Values
- Morocco (Office des Changes): 25,000 MAD one-off installation grant in Year 1; living stipend raised to 15,000 MAD/month from January 2026 (previously 12,000 MAD). Tuition wired directly to the institution on invoice.
- Algeria (Bank of Algeria): No dedicated student stipend — students rely on the general travel allocation of €750/adult/year, plus direct tuition transfer on invoice through an authorised bank.
- Tunisia (BCT Circular 2025-10): 6,000 TND installation in Year 1; living capped at 4,000 TND/month. Tuition transferred on invoice.
- Libya (CBL Circular 10/2025): Up to $7,500 USD/year per student via licensed banks, plus direct tuition transfer.
- Egypt (CBE): No fixed personal cap; tuition and living costs are documented transfers via licensed banks (Law 88/2003).
Authoritative Sources
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