Target stock trades at $169.89, about ₦228,427 per share at today’s rate of ₦1,345/$. Over the past year it has gained 74.9% in dollars, which works out to +53.1% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +24.2% | +22.2% |
| 6 months | +47.1% | +47.2% |
| 1 year | +74.9% | +53.1% |
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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