Archer-Daniels-Midland stock trades at $81.54, about ₦108,995 per share at today’s rate of ₦1,337/$. Over the past year it has gained 30.2% in dollars, which works out to +13.3% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +2.9% | +0.8% |
| 6 months | +18.1% | +16.5% |
| 1 year | +30.2% | +13.3% |
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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