Dow Jones ETF (DIA) trades at $537.15, about ₦730,153 per share at today’s rate of ₦1,359/$. Over the past year it has gained 19.5% in dollars, which works out to +6.0% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +2.4% | +0.8% |
| 6 months | +8.6% | +9.2% |
| 1 year | +19.5% | +6.0% |
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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