Commodity ratio · live

Salmon to Silver Ratio

The salmon to silver ratio is 1.001 Salmon at $69.12 per Kilogram divided by Silver at $69.06 per Troy Ounce.

Prices as of Aug 24, 2026, 10:40 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.

Kilogram

Salmon to Silver ratio

1.001-42.31% / 1Y

1.000 Kg of salmon = 1.001 T.oz of silver

Inverse (XAG/SALMON): 0.9991 — one Troy Ounce of silver buys that much salmon.

Close to the middle of its 1 year range. (37th percentile of the last 1 year)

Salmon

kr69.12

per Kilogram

Silver

$69.06

per Troy Ounce

Unit basis: NOK per Kilogram ÷ USD per Troy Ounce. The ratio reads as Troy Ounces of silver per Kilogram of salmon. Prices as of Mon, 24 Aug 2026 10:40:53 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

1.144

median 1.090

1Y low

0.5711

Jan 26, 2026

1Y high

1.988

Aug 24, 2025

Normal band

0.8675–1.421

mean ± 1 std dev

Deviation from mean

-0.52σ

348 observations

Salmon to Silver ratio charts

Pick a range once — it applies to the SALMON/XAG ratio line, the OHLC candles and the Salmon / Silver price chart below.

SALMON/XAG ratio line

How many T.oz of Silver one Kg of Salmon buys, over 1Y.

SALMON/XAG ratio candles

Open, high, low and close of the SALMON/XAG ratio for each period in the last 1Y.

Salmon 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 salmon to silver ratio

Salmon to Silver ratio = Salmon price per Kilogram ÷ Silver price per Troy Ounce

The two legs use different units, so the result is a rate — Troy Ounces of silver per Kilogram of salmon — rather than a plain count.

Worked example, live prices: $69.12 ÷ $69.06 = 1.001. The inverse is 0.9991.

Live prices behind the ratio

#SymbolNameRate (USD)
1XAUGold4640.70
2XAGSilver68.90
3WTIOIL-FUTCrude Oil WTI Futures85.69
4BRENTOIL-FUTCrude Oil Brent Futures92.88
5NG-FUTNatural Gas Futures2.78
6PLPlatinum1883.84
7PAPalladium1350.90

Frequently asked questions

What is the salmon to silver ratio today?

The salmon to silver ratio is 1.001 — Salmon at $69.12 per Kilogram divided by Silver at $69.06 per Troy Ounce, from live mid-market prices.

How do you calculate the salmon to silver ratio?

Divide the salmon price per Kilogram 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 Kilogram of salmon.

What is the inverse of the salmon to silver ratio?

The inverse, silver to salmon, is 0.9991 — how many Kilograms of salmon one Troy Ounce of silver buys.