Commodity ratio · live
Nickel Futures to Cheese Ratio
The nickel futures to cheese ratio is 10612 — Nickel Futures at $17,085.38 per Metric Ton divided by Cheese at $1.61 per Pound.
Prices as of Aug 24, 2026, 12:20 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Cheese ratio
1.000 T of nickel futures = 10,612 Lb of cheese
Inverse (CHE/NICKEL-FUT): 0.00009423 — one Pound of cheese buys that much nickel futures.
Close to the middle of its 1 year range. (59th percentile of the last 1 year)
Nickel Futures
$17,085.38
per Metric Ton
Cheese
$1.61
per Pound
Unit basis: USD per Metric Ton ÷ USD per Pound. The ratio reads as Pounds of cheese per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:20:58 GMT.
1Y average
10300
median 10360
1Y low
8189
Nov 21, 2025
1Y high
13552
Jan 27, 2026
Normal band
9028–11571
mean ± 1 std dev
Deviation from mean
+0.25σ
358 observations
Nickel Futures to Cheese ratio charts
Pick a range once — it applies to the NICKEL-FUT/CHE ratio line, the OHLC candles and the Nickel Futures / Cheese price chart below.
NICKEL-FUT/CHE ratio line
How many Lb of Cheese one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/CHE ratio candles
Open, high, low and close of the NICKEL-FUT/CHE ratio for each period in the last 1Y.
Nickel Futures and Cheese prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the nickel futures to cheese ratio
Nickel Futures to Cheese ratio = Nickel Futures price per Metric Ton ÷ Cheese price per Pound
The two legs use different units, so the result is a rate — Pounds of cheese per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $17,085.38 ÷ $1.61 = 10612. The inverse is 0.00009423.
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 nickel futures to cheese ratio today?
The nickel futures to cheese ratio is 10612 — Nickel Futures at $17,085.38 per Metric Ton divided by Cheese at $1.61 per Pound, from live mid-market prices.
How do you calculate the nickel futures to cheese ratio?
Divide the nickel futures price per Metric Ton by the cheese price per Pound. If the two units differ, the result is a rate rather than a plain count — read it as Pounds of cheese per Metric Ton of nickel futures.
What is the inverse of the nickel futures to cheese ratio?
The inverse, cheese to nickel futures, is 0.00009423 — how many Metric Tons of nickel futures one Pound of cheese buys.