Archer-Daniels-Midland stock trades at $83.20, about ₦110,114 per share at today’s rate of ₦1,323/$. Over the past year it has gained 34.5% in dollars, which works out to +22.0% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | -3.7% | -3.8% |
| 6 months | +24.3% | +22.4% |
| 1 year | +34.5% | +22.0% |
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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