Commodity ratio · live
Salmon to Heating Oil Futures Ratio
The salmon to heating oil futures ratio is 15.74 — Salmon at $69.12 per Kilogram divided by Heating Oil Futures at $4.39 per Gallan.
Prices as of Aug 24, 2026, 11:32 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Salmon to Heating Oil Futures ratio
1.000 Kg of salmon = 15.745 Gal of heating oil futures
Inverse (HO-FUT/SALMON): 0.06351 — one Gallan of heating oil futures buys that much salmon.
Near the bottom of its 1 year range — historically compressed. (2th percentile of the last 1 year)
Salmon
kr69.12
per Kilogram
Heating Oil Futures
$4.39
per Gallan
Unit basis: NOK per Kilogram ÷ USD per Gallan. The ratio reads as Gallans of heating oil futures per Kilogram of salmon. Prices as of Mon, 24 Aug 2026 11:32:26 GMT.
These two commodities are quoted in different currencies (NOK and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
24.76
median 23.39
1Y low
15.22
Aug 21, 2026
1Y high
39.05
Dec 16, 2025
Normal band
17.92–31.59
mean ± 1 std dev
Deviation from mean
-1.32σ
325 observations
Salmon to Heating Oil Futures ratio charts
Pick a range once — it applies to the SALMON/HO-FUT ratio line, the OHLC candles and the Salmon / Heating Oil Futures price chart below.
SALMON/HO-FUT ratio line
How many Gal of Heating Oil Futures one Kg of Salmon buys, over 1Y.
SALMON/HO-FUT ratio candles
Open, high, low and close of the SALMON/HO-FUT ratio for each period in the last 1Y.
Salmon and Heating Oil Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the salmon to heating oil futures ratio
Salmon to Heating Oil Futures ratio = Salmon price per Kilogram ÷ Heating Oil Futures price per Gallan
The two legs use different units, so the result is a rate — Gallans of heating oil futures per Kilogram of salmon — rather than a plain count.
Worked example, live prices: $69.12 ÷ $4.39 = 15.74. The inverse is 0.06351.
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 | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the salmon to heating oil futures ratio today?
The salmon to heating oil futures ratio is 15.74 — Salmon at $69.12 per Kilogram divided by Heating Oil Futures at $4.39 per Gallan, from live mid-market prices.
How do you calculate the salmon to heating oil futures ratio?
Divide the salmon price per Kilogram by the heating oil futures price per Gallan. If the two units differ, the result is a rate rather than a plain count — read it as Gallans of heating oil futures per Kilogram of salmon.
What is the inverse of the salmon to heating oil futures ratio?
The inverse, heating oil futures to salmon, is 0.06351 — how many Kilograms of salmon one Gallan of heating oil futures buys.