Commodity ratio · live
Cheese to TTF Gas Ratio
The cheese to ttf gas ratio is 0.02404 — Cheese at $1.61 per Pound divided by TTF Gas at $66.97 per Megawatt Hour.
Prices as of Aug 24, 2026, 10:29 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cheese to TTF Gas ratio
1.000 Lb of cheese = 0.02404 MWh of ttf gas
Inverse (TTF-GAS/CHE): 41.60 — one Megawatt Hour of ttf gas buys that much cheese.
Near the bottom of its 1 year range — historically compressed. (0th percentile of the last 1 year)
Cheese
$1.61
per Pound
TTF Gas
€66.97
per Megawatt Hour
Unit basis: USD per Pound ÷ EUR per Megawatt Hour. The ratio reads as Megawatt Hours of ttf gas per Pound of cheese. Prices as of Mon, 24 Aug 2026 10:29:24 GMT.
These two commodities are quoted in different currencies (USD and EUR). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
0.04236
median 0.03809
1Y low
0.02243
Mar 19, 2026
1Y high
0.06117
Nov 28, 2025
Normal band
0.03161–0.05312
mean ± 1 std dev
Deviation from mean
-1.70σ
338 observations
Cheese to TTF Gas ratio charts
Pick a range once — it applies to the CHE/TTF-GAS ratio line, the OHLC candles and the Cheese / TTF Gas price chart below.
CHE/TTF-GAS ratio line
How many MWh of TTF Gas one Lb of Cheese buys, over 1Y.
CHE/TTF-GAS ratio candles
Open, high, low and close of the CHE/TTF-GAS ratio for each period in the last 1Y.
Cheese and TTF Gas 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 ttf gas ratio
Cheese to TTF Gas ratio = Cheese price per Pound ÷ TTF Gas price per Megawatt Hour
The two legs use different units, so the result is a rate — Megawatt Hours of ttf gas per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $66.97 = 0.02404. The inverse is 41.60.
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 ttf gas ratio today?
The cheese to ttf gas ratio is 0.02404 — Cheese at $1.61 per Pound divided by TTF Gas at $66.97 per Megawatt Hour, from live mid-market prices.
How do you calculate the cheese to ttf gas ratio?
Divide the cheese price per Pound by the ttf gas price per Megawatt Hour. If the two units differ, the result is a rate rather than a plain count — read it as Megawatt Hours of ttf gas per Pound of cheese.
What is the inverse of the cheese to ttf gas ratio?
The inverse, ttf gas to cheese, is 41.60 — how many Pounds of cheese one Megawatt Hour of ttf gas buys.