General Mills stock trades at $31.83, about ₦42,127 per share at today’s rate of ₦1,323/$. Over the past year it has lost 34.5% in dollars, which works out to -40.6% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | -12.7% | -12.8% |
| 6 months | -7.7% | -9.1% |
| 1 year | -34.5% | -40.6% |
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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See our side-by-side: FLOURMILL vs GIS, food processing giants feeding two nations.
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