GE Aerospace stock trades at $307.63, about ₦407,145 per share at today’s rate of ₦1,323/$. Over the past year it has gained 2.5% in dollars, which works out to -7.0% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | -3.1% | -3.2% |
| 6 months | -2.0% | -3.5% |
| 1 year | +2.5% | -7.0% |
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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