Commodity ratio · live
Cheese to Iron Ore 62% FE Ratio
The cheese to iron ore 62% fe ratio is 0.01690 — Cheese at $1.61 per Pound divided by Iron Ore 62% FE at $95.28 per Metric Ton.
Prices as of Aug 24, 2026, 10:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to Iron Ore 62% FE ratio
1.000 Lb of cheese = 0.01690 T of iron ore 62% fe
Inverse (TIOC/CHE): 59.18 — one Metric Ton of iron ore 62% fe buys that much cheese.
Above its 1 year average. (82th percentile of the last 1 year)
Cheese
$1.61
per Pound
Iron Ore 62% FE
$95.28
per Metric Ton
Unit basis: USD per Pound ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore 62% fe per Pound of cheese. Prices as of Mon, 24 Aug 2026 10:24:26 GMT.
1Y average
0.01575
median 0.01587
1Y low
0.01291
Jan 22, 2026
1Y high
0.01855
Sep 3, 2025
Normal band
0.01452–0.01699
mean ± 1 std dev
Deviation from mean
+0.93σ
203 observations
Cheese to Iron Ore 62% FE ratio charts
Pick a range once — it applies to the CHE/TIOC ratio line, the OHLC candles and the Cheese / Iron Ore 62% FE price chart below.
CHE/TIOC ratio line
How many T of Iron Ore 62% FE one Lb of Cheese buys, over 1Y.
CHE/TIOC ratio candles
Open, high, low and close of the CHE/TIOC ratio for each period in the last 1Y.
Cheese and Iron Ore 62% FE 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 iron ore 62% fe ratio
Cheese to Iron Ore 62% FE ratio = Cheese price per Pound ÷ Iron Ore 62% FE price per Metric Ton
The two legs use different units, so the result is a rate — Metric Tons of iron ore 62% fe per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $95.28 = 0.01690. The inverse is 59.18.
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 | 4647.62 |
| 2 | XAG | Silver | 69.00 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.75 |
| 5 | NG-FUT | Natural Gas Futures | 2.77 |
| 6 | PL | Platinum | 1885.63 |
| 7 | PA | Palladium | 1351.00 |
Frequently asked questions
What is the cheese to iron ore 62% fe ratio today?
The cheese to iron ore 62% fe ratio is 0.01690 — Cheese at $1.61 per Pound divided by Iron Ore 62% FE at $95.28 per Metric Ton, from live mid-market prices.
How do you calculate the cheese to iron ore 62% fe ratio?
Divide the cheese price per Pound by the iron ore 62% fe 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 iron ore 62% fe per Pound of cheese.
What is the inverse of the cheese to iron ore 62% fe ratio?
The inverse, iron ore 62% fe to cheese, is 59.18 — how many Pounds of cheese one Metric Ton of iron ore 62% fe buys.