Dow Jones ETF (DIA) trades at $516.21, about ₦683,199 per share at today’s rate of ₦1,323/$. Over the past year it has gained 11.6% in dollars, which works out to +1.2% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | -1.6% | -1.6% |
| 6 months | +6.5% | +4.9% |
| 1 year | +11.6% | +1.2% |
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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