S&P 500 ETF (SPY) trades at $754.22, about ₦1,037,973 per share at today’s rate of ₦1,376/$. Over the past year it has gained 20.5% in dollars, which works out to +8.4% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +4.0% | +5.2% |
| 6 months | +8.7% | +5.0% |
| 1 year | +20.5% | +8.4% |
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 →
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