Amazon stock trades at $267.28, about ₦363,316 per share at today’s rate of ₦1,359/$. Over the past year it has gained 19.0% in dollars, which works out to +5.5% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +8.0% | +6.4% |
| 6 months | +33.9% | +34.7% |
| 1 year | +19.0% | +5.5% |
Naira-terms return = share-price return × USD/NGN move. When the naira weakens, dollar assets gain extra value in naira; when it strengthens, the reverse.
Yes. You can buy fractional shares of US stocks from Nigeria through SEC-registered apps like Bamboo, Trove and Risevest, starting from around $10. Read our full guide to buying US stocks from Nigeria →
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