S&P 500 ETF (SPY) trades at $772.49, about ₦1,050,053 per share at today’s rate of ₦1,359/$. Over the past year it has gained 19.8% in dollars, which works out to +6.2% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +2.7% | +1.2% |
| 6 months | +13.4% | +14.1% |
| 1 year | +19.8% | +6.2% |
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 →
Vanguard S&P 500 (VOO) (VOO) · Nasdaq-100 ETF (QQQ) (QQQ) · Vanguard Total Market (VTI) (VTI) · Dow Jones ETF (DIA) (DIA) · all US stocks in naira