Shopify stock trades at $149.80, about ₦201,415 per share at today’s rate of ₦1,345/$. Over the past year it has gained 6.6% in dollars, which works out to -6.7% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +31.7% | +29.5% |
| 6 months | +28.1% | +28.2% |
| 1 year | +6.6% | -6.7% |
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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