PDD (Temu) stock trades at $89.04, about ₦121,026 per share at today’s rate of ₦1,359/$. Over the past year it has lost 23.7% in dollars, which works out to -32.3% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +6.1% | +4.5% |
| 6 months | -11.2% | -10.6% |
| 1 year | -23.7% | -32.3% |
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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