ARK Innovation (ARKK) trades at $81.37, about ₦110,607 per share at today’s rate of ₦1,359/$. Over the past year it has gained 4.4% in dollars, which works out to -7.4% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +2.3% | +0.8% |
| 6 months | +18.9% | +19.6% |
| 1 year | +4.4% | -7.4% |
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 →