Commodity ratio · live
Cheese to Silver Ratio
The cheese to silver ratio is 0.02333 — Cheese at $1.61 per Pound divided by Silver at $69.00 per Troy Ounce.
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 Silver ratio
1.000 Lb of cheese = 0.02333 T.oz of silver
Inverse (XAG/CHE): 42.86 — one Troy Ounce of silver buys that much cheese.
Close to the middle of its 1 year range. (46th percentile of the last 1 year)
Cheese
$1.61
per Pound
Silver
$69.00
per Troy Ounce
Unit basis: USD per Pound ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of silver per Pound of cheese. Prices as of Mon, 24 Aug 2026 10:24:17 GMT.
1Y average
0.02611
median 0.02398
1Y low
0.01179
Jan 28, 2026
1Y high
0.04647
Aug 24, 2025
Normal band
0.01839–0.03383
mean ± 1 std dev
Deviation from mean
-0.36σ
349 observations
Cheese to Silver ratio charts
Pick a range once — it applies to the CHE/XAG ratio line, the OHLC candles and the Cheese / Silver price chart below.
CHE/XAG ratio line
How many T.oz of Silver one Lb of Cheese buys, over 1Y.
CHE/XAG ratio candles
Open, high, low and close of the CHE/XAG ratio for each period in the last 1Y.
Cheese and Silver 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 silver ratio
Cheese to Silver ratio = Cheese price per Pound ÷ Silver price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of silver per Pound of cheese — rather than a plain count.
Worked example, live prices: $1.61 ÷ $69.00 = 0.02333. The inverse is 42.86.
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 silver ratio today?
The cheese to silver ratio is 0.02333 — Cheese at $1.61 per Pound divided by Silver at $69.00 per Troy Ounce, from live mid-market prices.
How do you calculate the cheese to silver ratio?
Divide the cheese price per Pound by the silver price per Troy Ounce. If the two units differ, the result is a rate rather than a plain count — read it as Troy Ounces of silver per Pound of cheese.
What is the inverse of the cheese to silver ratio?
The inverse, silver to cheese, is 42.86 — how many Pounds of cheese one Troy Ounce of silver buys.