Coinbase stock trades at $178.64, about ₦238,788 per share at today’s rate of ₦1,337/$. Over the past year it has lost 41.3% in dollars, which works out to -48.9% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | +22.1% | +19.7% |
| 6 months | +1.6% | +0.2% |
| 1 year | -41.3% | -48.9% |
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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