Commodity ratio · live
Cheese to Nickel Futures Ratio
The cheese to nickel futures ratio is 0.00009423 — Cheese at $1.61 per Pound divided by Nickel Futures at $17,085.38 per Metric Ton.
Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Nickel Futures ratio
1.000 Lb of cheese = 0.00009423 T of nickel futures
Inverse (NICKEL-FUT/CHE): 10612 — one Metric Ton of nickel futures buys that much cheese.
Close to the middle of its 1 year range. (41th percentile of the last 1 year)
Cheese
$1.61
per Pound
Nickel Futures
$17,085.38
per Metric Ton
Unit basis: USD per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of nickel futures per Pound of cheese. Prices as of Mon, 24 Aug 2026 12:20:59 GMT.
1Y average
0.00009861
median 0.00009653
1Y low
0.00007379
Jan 27, 2026
1Y high
0.0001221
Nov 21, 2025
Normal band
0.00008624–0.0001110
mean ± 1 std dev
Deviation from mean
-0.35σ
358 observations
Cheese to Nickel Futures ratio charts
Pick a range once — it applies to the CHE/NICKEL-FUT ratio line, the OHLC candles and the Cheese / Nickel Futures price chart below.
CHE/NICKEL-FUT ratio line
How many T of Nickel Futures one Lb of Cheese buys, over 1Y.
CHE/NICKEL-FUT ratio candles
Open, high, low and close of the CHE/NICKEL-FUT ratio for each period in the last 1Y.
Cheese and Nickel Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cheese to nickel futures ratio
Cheese to Nickel Futures ratio = Cheese price per Pound ÷ Nickel Futures price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of nickel futures per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $17,085.38 = 0.00009423. The inverse is 10612.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the cheese to nickel futures ratio today?
The cheese to nickel futures ratio is 0.00009423 — Cheese at $1.61 per Pound divided by Nickel Futures at $17,085.38 per Metric Ton, from live mid-market prices.
How do you calculate the cheese to nickel futures ratio?
Divide the cheese price per Pound by the nickel futures price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of nickel futures per Pound of cheese.
What is the inverse of the cheese to nickel futures ratio?
The inverse, nickel futures to cheese, is 10612 — how many Pounds of cheese one Metric Ton of nickel futures buys.