Micron stock trades at $949.83, about ₦1,289,565 per share at today’s rate of ₦1,358/$. Over the past year it has gained 658.1% in dollars, which works out to +571.4% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | -3.4% | -5.0% |
| 6 months | +129.4% | +130.6% |
| 1 year | +658.1% | +571.4% |
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 →
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