Commodity ratio · live
Nickel Futures to Rhodium Ratio
The nickel futures to rhodium ratio is 1.940 — Nickel Futures at $17,071.13 per Metric Ton divided by Rhodium at $8,800.00 per Troy Ounce.
Prices as of Aug 24, 2026, 12:24 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Nickel Futures to Rhodium ratio
1.000 T of nickel futures = 1.940 T.oz of rhodium
Inverse (XRH/NICKEL-FUT): 0.5155 — one Troy Ounce of rhodium buys that much nickel futures.
Close to the middle of its 1 year range. (63th percentile of the last 1 year)
Nickel Futures
$17,071.13
per Metric Ton
Rhodium
$8,800.00
per Troy Ounce
Unit basis: USD per Metric Ton ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of rhodium per Metric Ton of nickel futures. Prices as of Mon, 24 Aug 2026 12:24:26 GMT.
1Y average
1.895
median 1.892
1Y low
1.427
Mar 1, 2026
1Y high
2.333
Jun 4, 2026
Normal band
1.687–2.104
mean ± 1 std dev
Deviation from mean
+0.21σ
363 observations
Nickel Futures to Rhodium ratio charts
Pick a range once — it applies to the NICKEL-FUT/XRH ratio line, the OHLC candles and the Nickel Futures / Rhodium price chart below.
NICKEL-FUT/XRH ratio line
How many T.oz of Rhodium one T of Nickel Futures buys, over 1Y.
NICKEL-FUT/XRH ratio candles
Open, high, low and close of the NICKEL-FUT/XRH ratio for each period in the last 1Y.
Nickel Futures and Rhodium 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 rhodium ratio
Nickel Futures to Rhodium ratio = Nickel Futures price per Metric Ton ÷ Rhodium price per Troy Ounce
The two legs use different units, so the result is a rate — Troy Ounces of rhodium per Metric Ton of nickel futures — rather than a plain count.
Worked example, live prices: $17,071.13 ÷ $8,800.00 = 1.940. The inverse is 0.5155.
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 rhodium ratio today?
The nickel futures to rhodium ratio is 1.940 — Nickel Futures at $17,071.13 per Metric Ton divided by Rhodium at $8,800.00 per Troy Ounce, from live mid-market prices.
How do you calculate the nickel futures to rhodium ratio?
Divide the nickel futures price per Metric Ton by the rhodium 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 rhodium per Metric Ton of nickel futures.
What is the inverse of the nickel futures to rhodium ratio?
The inverse, rhodium to nickel futures, is 0.5155 — how many Metric Tons of nickel futures one Troy Ounce of rhodium buys.