ConocoPhillips stock trades at $133.35, about ₦179,297 per share at today’s rate of ₦1,345/$. Over the past year it has gained 35.8% in dollars, which works out to +18.8% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +10.9% | +9.1% |
| 6 months | +20.6% | +20.7% |
| 1 year | +35.8% | +18.8% |
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.
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