Goldman Sachs stock trades at $891.91, about ₦1,180,434 per share at today’s rate of ₦1,323/$. Over the past year it has gained 15.7% in dollars, which works out to +5.0% in naira terms once the exchange-rate move is included.
| Period | Return in $ terms | Return in ₦ terms |
|---|---|---|
| 1 month | -9.8% | -9.8% |
| 6 months | -0.8% | -2.4% |
| 1 year | +15.7% | +5.0% |
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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JPMorgan Chase (JPM) · Bank of America (BAC) · Wells Fargo (WFC) · Citigroup (C) · all US stocks in naira